ES Journal Archive (2009 - 2010)

[satchel]

S 1003 ES

 

[Lawrence Chan]

Quote from ASusilovic:

Locals pushing S&P in the pit...

They pushed it to R1 exactly so that they can load the boat to ride it down to previous day high as it was not challenged today so far.

And it is a win-win strategy for them at this moment. =P

Momo buyers vs. VWAP neutralization at 996-998.

 

[tstones]

sh 1002.5, 2 pt stop.

 

[Lawrence Chan]

EURUSD w. upthrust will be confirmed if take out this level by 10 pips ...

What a fight! =)

 

[satchel]

Die!

 

[[Proximo]]

I'll believe this when I see it. Short as well.

NQ Targets 1587 ----> 1580. ES holding up the show.

 

[Lawrence Chan]

Quote from satchel:

Die!

15-min OR breakout pullback buyers are buying ORH ...

VWAP buyers are buying too.

Be patient.

p.s. I want it too

 

[[Proximo]]

Decent downside volume on NQ below VWAP(+'ve)

ES still above 1000/VWAP (-'ve). EUR/USD coming off a bit as well (+'ve)

Anitcipating 5K+ (5MIN) downside volume on NQ if that happens then new low of day otherwise back up new highs.

 

[[Proximo]]

Need to see some big red bars (soon) on the NQ.

Otherwise back up.

 

[MandelbrotSet]

Quote from [Proximo]:

Decent downside volume on NQ below VWAP(+'ve)

ES still above 1000/VWAP (-'ve). EUR/USD coming off a bit as well (+'ve)

Anitcipating 5K+ (5MIN) downside volume on NQ if that happens then new low of day otherwise back up new highs.

Great analysis.

***

The uptrend from yesterday is still in-force, anticpate ES moving up to contest R1 (1005.25).

P.S. This is jus the usual afternoon pause IMHO. NQ has already hit its R1 (1611.33) which is most likely why we saw the steeper sell-off.