ES Journal Archive (2009 - 2010)

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Quote from riskymove:

Going to go out on a limb here - the last hour buying spree will not occur today and will fail. And that will be the beginning. It's just too obvious anymore at this point and the market is way too complacent. Position: very short via puts - built in stops :)

I see some pretty bullish action here and I expect a pop up to new highs. Will that happen and if it does will it be the last one before the water fall....
 
For all to see one of the reasons I'm bullish (maybe Track sees that as well?), just look at the cup&handle forming on 5min charts and above, spread on yest and today's action.

Text book pattern.
 
Quote from lurefo:

I see some pretty bullish action here and I expect a pop up to new highs. Will that happen and if it does will it be the last one before the water fall....

Defintiely been bullish since the open - I am just saying I believe the monkey wrench is coming today prior to the close. 30 yr bond auction could be a clue.
 
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