ES Journal Archive (2009 - 2010)

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Quote from fseitun:

This is a slow grind so far.
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Just considering that the market is trading below the November low alone should give some push to the volatility and yet we're in a slowass grind. I've never seen this kind of abomination before.
 
There are a few signs of capitulation and panic but not enough for a bear market bottom. I had forecasted the 2009 low to be made in Jan/Feb but this may miss by a day or two since I think the low will be made next week. SPX could go below 700 but we are in process of making the yearly and bear market lows.
 
Quote from swing-scalper:

I agree with you. The currrent market definitely needs better skill and more patience to trade.

One thing I feel better about the current market is that it is easlier to get filled with limit orders since the market moves slower.
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Agree.

i also like my stops to be a smaller, makes me less nervous. i tend to get too emotional when volatility is too high, feel the pressure and can't think right.
 
Quote from volente_00:

Broader market is weak.

could go 42 to 52 first BUT


720's printing rth today is my gut



:eek:
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ES already knocked at 749's door 3 times...i think it's due to be taken out if we get nearby a 4th time.
 
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