ES Journal Archive (2009 - 2010)

[Pekelo]

Quote from tstones:

is there any news?

No, but ascending triangle breakout, before the breakout:

 

[JSSPMK]

Quote from JSSPMK:



I made a mistake earlier on, I should have gone Long (after the short) as intraday we have a bullish market. But sometimes eyes play tricks with out minds or vice versa

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2546451>

 

[Zodiac4u]

Quote from adadadog:

up break out is weak, not followed by volume -- a good short after it is seltled?

How much Volume do you need to see for an up move? We have had 15,000 thru 28,000 since 9:30am and all on up bars on the 1mn.

 

[adadadog]

Quote from Zodiac4u:

How much Volume do you need to see for an up move? We have had 15,000 thru 28,000 since 9:30am and all on up bars on the 1mn.

vwap has volume factor in it. There is 10pts divergence between vwap and price. Although you see big volume jump by itself but it failed to compare with price change. The volume change does not match up the price change. That is how I see it.

 

[adadadog]

a baby double top formed on 5m.

 

[adadadog]

Quote from adadadog:

a baby double top formed on 5m.

failed

 

[adadadog]

Quote from adadadog:

failed

It turned into triple top, still bearish.

 

[opt789]

Things known for a fact before today:
The last three 2-day selloffs resulted in a rally off the low of 19.25, 30, and 26.25 points. So a move of 20 to 30 points from 975 was obviously projected.
I have pointed out for awhile now that implied vol was well in excess of actual vol which leads one to obviously assume market makers are short options and the public is long them, so keeping the market around 1000 for awhile makes perfect sense.

Now that they have accomplished both objectives, we have to wait for further action to see what is next.

 

[[Proximo]]

Short NQ 1597.50 (Average).

Will add on confirmation. Targets 1587 --> VWAP.

 

[Decel]

ES VWAP is @ 987 right? I don't have the charts in front of me