ES Journal Archive (2009 - 2010)

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Quote from saliva:

Sorry, but that's not good enough. :)

This is the best that I can think of.

Am not at the office since 2 pm, remind me tomorrow and I can post a chart on SPX to illustrate the point.

Good night!
 
Ive got Mondays cash open and HOD just below where Tuesdays cash turned down. And also the ES 24 hr R1 was at 806 on Tuesday, just below where the price turned down as well.
 
Covering last short 86.25, a little support 83.75-86 may give a bounce. Will look to enter short again. As for 807...


This sequence works nicely,

Fractions in Farey series of order n.



713, 755, 775, 807, 831
 
Quote from saliva:

Ya don't need MP to explain this IMHO. But I don't understand the HOD we touched at 807. Just how the hell did that came up? It makes no sense. My initial calculation was at 803. To say that it was simply due to the stops being mowed down doesn't go down very well with this noob.

weekly PP on SP cash 807.08 & R1 on daily 807.83
 
Quote from ammo:

810 on spx
Again, that in itself doesn't mean anything since it has no correlation with previous prices as far as S/R or TL is concerned. I could easily say 810 was a turning point just because 15 minute into the day 60 days ago there was a presence of very minor pivot.

Only reason why I brought this up is because I see these types of arbitrary price reversal quite often these days. Whatever the case may be, it must mean something.
 
Quote from saliva:

Again, that in itself doesn't mean anything since it has no correlation with previous prices as far as S/R or TL is concerned. I could easily say 810 was a turning point just because 15 minute into the day 60 days ago there was a presence of very minor pivot.

Only reason why I brought this up is because I see these types of arbitrary price reversal quite often these days. Whatever the case may be, it must mean something.
was a top , a bottom then a top and now another top, tops and bottoms are usuallly accompanied by large volume ,enough to turn the mrkt,..if i were long there i woulld love to unload ...creating resistance..trading 101
 
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