ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from [Proximo]:

Type in tick-nyse for IB.
Thanks!

IHS looks to obvious.
Have a feeling bids might be removed/cancelled here.
I actually hope it runs, and short the hell out of it.
 
Quote from Lawrence Chan:

If 1005 hold, target 1025.

They are building an IHS here as we speak.


On the flip side we have:

-Potential head and shoulders with the right shoulder lower than the left and a down slope neck line which means a higher probability of follow through. (both ES and NQ)

-A failure to break to 1016 in the premarket run up.

-Jobless claims higher than expected. (perhaps this a window into tomorrows reports)

This setup will depend on tomorrow's report and the move is measured at about 15 pts so target is 983. Left shoulder low=1000.5 and right shoulder low=998. taking profits as we approach 990 is a good idea imo.

Todays action will probably form a nice symmetrical triangle to set up tomorrow's run one way or the other.
 
Quote from [Proximo]:

IHS looks to obvious.

Have a feeling bids might be removed/cancelled here.

Am looking at NQ and its underlyings closely.

Tagging R1 or not in ES depends greatly on the strength of NQ today.
 
2dqsi2f.png
 
Status
Not open for further replies.
Back
Top