ES Journal Archive (2009 - 2010)

[David M]

short 893.50

sl monitoring, tp monitoring

 

[Musashi]

Quote from Musashi:

Short 894

Exit 892.5

 

[Musashi]

Long 892.25

 

[esondrstd]

out for a scratch at 892.50

 

[Musashi]

Quote from Musashi:

Long 892.25

Exit 1/2 892.75

Exit 1/2 891.75

 

[Brendan R]

today has the potential to be a reversal day...

 

[David M]

Quote from Brendan R:

today has the potential to be a reversal day...

Could you please explain?

 

[[Proximo]]

If it's gonna happen we need to see balance right here (no new highs) & no aggressive buying.

Longs in complete control here.

 

[Brendan R]

- low volumes today
- we had distribution days end of last week
- market purely up today on the back of housing starts
- first day of the month with buying occurring in the morning

couple this with the fact that we are in major resistance zone....

 

[Brendan R]

Quote from [Proximo]:

If it's gonna happen we need to see balance right here (no new highs) & no aggressive buying.

Longs in complete control here.

yes, in control on low volumes. If sellers emerge...