ES Journal Archive (2009 - 2010)

[Sha10105]

does anybody know where b1s2 posts is about analyzing charts??

 

[Buy1Sell2]

I would look for the market to continue to rally into the 825 to 850 level. The market would need to breakout to the 940 level for a longer term trend reversal.

 

[volente_00]

Quote from Buy1Sell2:

I would look for the market to continue to rally into the 825 to 850 level. The market would need to breakout to the 940 level for a longer term trend reversal.

Just curious why you covered your short at 690 but did not go long ? Just not enough conviction to justify it ?

 

[iloveoptions]

Quote from iloveoptions:

Good chance we go to 808-816 with today's strong close and then reverse lower tomorrow.

We came close of hitting 808 (March). Long 786.00 June

 

[Buy1Sell2]

Quote from volente_00:

Just curious why you covered your short at 690 but did not go long ? Just not enough conviction to justify it ?

I'm a trend follower. Long term trend remains down.

 

[ammo]

neeed to hold this 789 in spx,next supp line is 79 then 75

 

[startraitor]

looking at 77-80 for possible longs, looking a little dubious if they will provide enough r/r for anything but a small take. will try to short 87-88 down with stop over 92.50

 

[volente_00]

Quote from Buy1Sell2:

I'm a trend follower. Long term trend remains down.

What is your definition of long term using time ?

 

[ammo]

sh 90 against that upper tl,anyone know what the cash /june spu sprd is, out 90.50

 

[vertigo3]

Quote from ammo:

sh 90 against that upper tl,anyone know what the cash /june spu sprd is, out 90.50

ammo, do you mean what the fair value is?

indexarb has -3.57 for today.