ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from swing-scalper:

Almost symmetrical reversal. What a market !!!

NQ 1100 was the higher low level since the flush low made in Nov 08.

Once rejected, people fully expect the low at 1000-1020 area to be tested, thus no more commitment to the longside until then.
 
Quote from Lawrence Chan:

NQ 1100 was the higher low level since the flush low made in Nov 08.

Once rejected, people fully expect the low at 1000-1020 area to be tested, thus no more commitment to the longside until then.

I agree with you. Until then intraday-wise it is difficulty for the market to break two swing points on the upsdie.

Today I was expecting the upside went to test at least the opening high (712). It ended and reversed at 708-709 resistance area. I didn't monitor NQ closely.
 
Quote from paul_alan:

Feeling left out - trying a short here 694 - big stop

Kept the faith and still holding this! Should give me some niceprofit tomorrow. Feel comfortable shorting in this weak ass market, lol
 
This is the fourth day in a row SPY closes near the low (based in TR and RTH). There has been only 2 other instances that the market accomplished this in the past 4 years!!
 
Status
Not open for further replies.
Back
Top