ES Journal Archive (2009 - 2010)

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Quote from saliva:

I'm not a big follower of either market, but I believe it would be a great value if those who religiously follow both the bond/FX and oil markets to update (as well as educate) us (and me in particular) from time to time. I'm always intrigued by the intermarket relationship.
Hear Hear! Though I would change the "(and me in particular)" to "(and Decel in particular)" :p

Futures drifting up... interesting.
 
Quote from Decel:

Thanks for the info!

I agree one side (880 - 920/930) has to break at one point, and the upper end have lower and lower highs which reminds me of a descending triangle...

Futures drifting up... interesting.
No prob, bro. I should note that one great concern that has plagued me since this whole rally began is the complete absence of sellers. No doubt, we have had one or two days of selloff in between, but the volume was practically negligible. This means that the big boys (eg. Wall Street fat cats) intentionally allowed the small fries to run the market down to the ground in order to create a bogus illusion that the rally was unsustainable. Of course, they would pump the damn thing right back up the next day.

Lately, however, I ain't seeing this dramatic upheaval following a selloff. So, keep ure eyes out, especially for the lack of buying interest. It's high time that we burn down the house of cards!
 
Quote from Pekelo:

We just made a giant doubletop (best seen on the DJX) with the previous high 10-11 days ago, RSI divergence also in place. There is a chance of the dragon failure, that should happen around 900 on the cash. If so, the height is 50 points, do the math...
anyone have a reference to Pek's dragon thread, where he draws the pics and explains it
 
I see nothing but consolidation in yesterday's action and will hold the 20 long position with the same stop as before. Looking for another thrust upwards--Good trading to all-- Ishmael:)


(mind you I am bearish long term)
 
Quote from Buy1Sell2:

I see nothing but consolidation in yesterday's action and will hold the 20 long position with the same stop as before. Looking for another thrust upwards--Good trading to all-- Ishmael:)


(mind you I am bearish long term)
[/QUO


what stop level are u looking at if u dont mind

?

Thanks
 
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