ES Journal Archive (2009 - 2010)

[Lawrence Chan]

Trend sell day intact.

1. ORB downside.

2. Test of ORL failed

3. S1 acted as resistance

Bottom picking is not a good idea until we snap out of the formation.

 

[Now is Now]

Quote from Now is Now:

BGT 899.50 s/l 897.50

Will ADD 901.50

stppd

 

[David M]

Quote from David M:

long 900.50 stop lod

got stopped ...

 

[saliva]

Quote from saliva:

Flipped short 898.75

First target 894
Second target 891

 

[Lawrence Chan]

3 pts lower low arrives an hr late ...

 

[saliva]

Quote from saliva:

Flipped short 898.75

Out 96.25

 

[saliva]

Quote from Lawrence Chan:

3 pts lower low arrives an hr late ...

There's hardly any momentum.

 

[Lawrence Chan]

Quote from saliva:

There's hardly any momentum.

The new low and target it reached so far is the absolute minimum ... so bull is still in control - for SPX and Dow.

 

[saliva]

Quote from Lawrence Chan:

The new low and target it reached so far is the absolute minimum ... so bull is still in control - for SPX and Dow.

One reassuring sign is that the aggressive buying on the dip as we've witnessed in the last 3 weeks is missing. At least, it hasn't yet materialized.

 

[Brendan R]

very low volumes, let's see what happens around 894