ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from Buy1Sell2:

Long 890.50 with 20. Initial stop 773.00:)
More...

Staying long here with the same stop. Currently, the market has experienced no reversal signals and has exhibited only consolidation type action prior to a 3 day weekend. I look for the market to pick up with upside action again soon, perhaps as early as today, but I would not be surprised to see it happen next week. --Ishmael:)
 
Quote from Pekelo:

If we don't close this morning's downgap then we have an island reversal (last 3 days up, now down) with a gianto double topo in place too.

Last time we had the very same combo 11 days ago on a smaller scale we dropped 50 points. Since this is a larger one this might just signal the very end of this rally...
More...

But B1S2 said yesterday we go up strongly. I'm confused. :(
 
What about 100 pts in total going down to resume the down trend at weekly level?

Taking out 820 in one strike sounds good.

We've removed 2 more reasons to go up within 2 days. i.e. two small gaps in the 900-920 area filled.

And there are many gaps below all the way towards 800.
 
Quote from Buy1Sell2:

Staying long here with the same stop. Currently, the market has experienced no reversal signals and has exhibited only consolidation type action prior to a 3 day weekend. I look for the market to pick up with upside action again soon, perhaps as early as today, but I would not be surprised to see it happen next week. --Ishmael:)
More...
this says we hit res and may resume our downtrend, or for the optimist ,its the left shoulder and head of an inverse h&s
 

Attachments

Quote from ammo:

this says we hit res and may resume our downtrend, or for the optimist ,its the left shoulder and head of an inverse h&s
More...
fundamentals say the fed wont let this go down until they cant hold it up any longer, or reemployment begins and their plan worked out, history says the plan will work, common sense asks how?
 
Status
Not open for further replies.
Back
Top