ES Journal Archive (2009 - 2010)

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Today can be very directional if the gap above is not filled.

First, 2 day island in the making for ES and YM.

Can be a melt down day if 10 am #s not taking this higher to fill the gap.

Second, tight range breakout triggered all over the place across timeframes ...

Currently the first breakout level around 50 is taken out, so downside for now.

Next is 30-32, then below 810 area.
 
Quote from Lawrence Chan:

Today can be very directional if the gap above is not filled.

First, 2 day island in the making for ES and YM.

Can be a melt down day if 10 am #s not taking this higher to fill the gap.

Second, tight range breakout triggered all over the place across timeframes ...

Currently the first breakout level around 50 is taken out, so downside for now.

Next is 30-32, then below 810 area.
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Daily certainly looks like we are heading down, does 790-766 ES June sound reasonable?
 
Quote from lurefo:

830 is key for the bulls to hold. It's the 240min low end up channel that started a month ago.
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For my money folks should focus on the 847.50 / 857.50 levels.

They are approx. where the pivots are (pull'em up on a chart) and will act as resistance today.

Keep your eye on the bkx and vix, if they change trend only then should you think about buying in this market, but right now is a blaring SELL!

Oh, and I'll stop by and tell you if my opinion changes, LOL. :)
 
Quote from MandelbrotSet: eye on the bkx and vix, if they change trend only then should you think about buying in this market, but right now is a blaring SELL!

Oh, and I'll stop by and tell you if my opinion changes, LOL. :) [/B]
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Maybe thats why have a long at moment:D
 
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