ES Journal Archive (2009 - 2010)

[[Proximo]]

I have 938.50 as the 4:00 close (ESM9)

Minor support at 943.00. Look left yesterday 5M chart.

Should break holding for 938.50.

Quote from Lawrence Chan:

It's the 4 pm close too ...

 

[lurefo]

Quote from saliva:

Anyone willing to bet that we'll gap down tomorrow? Suppose it does, and it's a fairly sizable one, that should really tip the balance.

I guess my short position is getting to my head.

Looking at the daily, I'd say yes.

It does look like the start of a reversal.

Very nice trading in the thread today, have a good evening all.

 

[saliva]

Quote from bvam1:

Holding till 23 support? That will surely bounce.

My ass it will. Well, figuratively speaking.

Now somebody call in the pimp daddy (aka PPT). The trannies will need his help.

 

[[Proximo]]

Would have liked to see more volume.

Holding AH's for 938 ----> 935.50.

 

[piggie2000]

Put my 100 lot short on. another failure at 956 on the june es. short at 945.50 avg. maybe now is yoiur day saliva

 

[trackstar]

Ah what a wonderful day.

 

[bvam1]

Calling that break out failure early worked out after all! Hehe!

 

[Lawrence Chan]

Quote from [Proximo]:

I have 938.50 as the 4:00 close (ESM9)

Minor support at 943.00. Look left yesterday 5M chart.

Should break holding for 938.50.

Am using the Sep one.

Using SPX is easier to explain what I am looking for - at or below last week's close by tomorrow.

 

[saliva]

There's that all-important trendline, which dates back to the start of this mess, at 920 (on the June contract). I would not feel safe until we successfully break below that number. Now it would be nice if we can gap down under 920, which is within the realm of possibility considering that it's ONLY 20 points from the close.

 

[[Proximo]]

Gotcha. Gracias.

Quote from Lawrence Chan:

Am using the Sep one.

Using SPX is easier to explain what I am looking for - at or below last week's close by tomorrow.