ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
- Start date
- Status
when was the last time we had a limit up move in equity indicies..?.. or sp500
Quote from Bigpipn:
I'd vote for tdayboys taking this thing up to 800 for 100dollar-yen sale of the year.
808 + 100
Then fire at will.
The IHS is too obvious for anyone to try a stab on the short side.
Once someone do the job to stop the market from going higher, the rest will pile in.
Till we take out Moday's rth high considering this a dt from yesterday, target is gap fill.
Based on yesterday's last swing low of 60.25 rth, and today's low of 68.25, if 71.50-70 holds with a good reversal off, I will consider a higher prob we will break Monday's high and continue as oppossed to 3xtop. Choppy time of day to measure reversal here, break of 74 on good momentum will confirm possible upside breakout, testing as I type. Will consider long lower at 70 or a good momo 1 or 5 min bar breaking the swing high of 75 now, avoid the chop.
long 71.50, stop 68.25 target 75+
- Status