ES Journal Archive (2009 - 2010)

Jahajee · Mar 19, 2009

Quote from smilingsynic:

Flat at 84. Simply put, the selling is being met with buying.

Intense battle. This Q1 triple option expiration could cause some more wild swings before close on Friday.

Lawrence Chan · Mar 19, 2009

Quote from Lawrence Chan:

There is a buy signal triggered at 780 level when it was taken out and bounced back to 84. It confirmed a 2-leg drop of 12+ pts each can only result in a retest of 780.

First target VWAP at 87 hit.

If PP holds, previous close then previous day high

pocketmoney · Mar 19, 2009

short 787 - 3 point stop

Lawrence Chan · Mar 19, 2009

NQ is in charge here.

If NDX turns green, 3 to 5 more pts higher for ES.

Edit: If NDX failed to do so, and ES fails at VWAP here, 775 is expected. Ample time to short when it breaks below PP.

Mr J · Mar 19, 2009

Quote from pocketmoney:

short 787 - 3 point stop

Why? Expecting a drop to the pivot?

JSSPMK · Mar 19, 2009

ImPO I see 800-800+

trackstar · Mar 19, 2009

Short term channel still up, long term down channel has a high chance to come into play soon. 7 up days usually is overextended enough to obey the daily trend line.

My bet is 770.

Lawrence Chan · Mar 19, 2009

2:15.

Still stuck at VWAP?

smilingsynic · Mar 19, 2009

Lawrence,

VWAP has settled in at 787.25, which is price at this moment.

The market will tip its hand as to where it wants to go. Until then...

smilingsynic · Mar 19, 2009

There are several lines of resistance between 84 and 88: VWAP, opening range low,60 minute moving average, daily moving average, daily pivot.

Again, I see no good risk bets, intraday, at the moment.