ES Journal Archive (2009 - 2010)

JSSPMK · Apr 28, 2009

Personally, I still choose to be Long only >870 ES, otherwise looking to re-short Gap closure

lurefo · Apr 28, 2009

Quote from lurefo:

long NQ 58 stop 56

Filled at 66.5 on the second half

Now is Now · Apr 28, 2009

Quote from Now is Now:

ADJ STP 846.00 ...could becoming unstuck

OUT 850.25

JSSPMK · Apr 28, 2009

S853.5, s856 (changed stop)

kinggyppo · Apr 28, 2009

looks like the pivot point is in play. Nice head fake to the downside. I have spy pivot at 86.22. pivot 851.17 es?

lurefo · Apr 28, 2009

Quote from MandelbrotSet:

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.

Strong reaction on S2, and notice how S1 and the prev. gap at 50 wasn't even a resistance. Let's see if there is enough buying to touch PP.

Lawrence Chan · Apr 28, 2009

Quote from lurefo:

Strong reaction on S2, and notice how S1 and the prev. gap at 50 wasn't even a resistance. Let's see if there is enough buying to touch PP.

Short squeeze like yesterday, thats all.

lurefo · Apr 28, 2009

Quote from kinggyppo:

looks like the pivot point is in play. Nice head fake to the downside. I have spy pivot at 86.22. pivot 851.17 es?

ES PP @ 857.75 on my chart

lurefo · Apr 28, 2009

Quote from Lawrence Chan:

Short squeeze like yesterday, thats all.

As long as it stays below PP, I agree.

kinggyppo · Apr 28, 2009

long spy 85.70 stop .20