ES Journal Archive (2009 - 2010)

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The Trend remains up, but the market is looking for support to come in to continue the upmove.

The DOW will have to shape up for that to happen, so we'll just wait and see.

Good trading
 
Quote from volente_00:

888-891 to 916-919 cash til fri


magnet at 90 with a close around 89.2 to 90.8 spy for now


This is an example of the predictive value of options interest. I just don't see the merit in it. --Ishmael:)
 
Quote from ammo:

you are cherry pickin, his estimates have been dead on several times, days not over yet, still sh avg 909, stop above 960

It was lighhearted. Volente knows that. However, I do not believe in the predictive value of quite a few things. --Ishmael:)
 
Quote from satchel:

EURUSD making some nice sweeping moves up :) as we test the break 937.

More short-covering get us to 944 on that break. Get bullish :D

Business as usual. Bears trying to break certain technical levels with amateur behavior. Bulls pushing to hit stops. And my ES strangles don´t care that much. :)
 
Actually the market is currently showing a lot of weakness, in both the S&P500 and the techs, ... if the Dow follows, I'm thinking we might have a little retracement here.

If nothing else, with everything looking so shakey, it's easy enough to sit this one out.
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The Trend looks like its rolling over on an intra-day basis.
 
Quote from ASusilovic:

Business as usual. Bears trying to break certain technical levels with amateur behavior. Bulls pushing to hit stops. And my ES strangles don´t care that much. :)
LOL, that's exactly what's being played-out on my screens! :D

Thanks for the explanation ... if it doesn't get any better soon, I'm taking an early Friday. :)
 
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