ES Journal Archive (2009 - 2010)

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Quote from Lawrence Chan:

They need to print 1100+ and hold it above 1000 (900 will do too) for a long time, like months.

The consolidation can than offset the overbought internals.

Edit: Or keep crashing USD. =)
 
Quote from Lawrence Chan:

Here we are ... all previous double tops failed to hold their neckline as resistance over the past months.

Does it work this time?

nope.

buy program fire off + EUR pop up.

coincidence?
 
Quote from Lawrence Chan:

Edit: Or keep crashing USD. =)

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A sell off here that takes us to even or negative in the sp500 would be very unexpected and make the market definitely bearish for friday. Possible, but I am not betting yet
 
Quote from jjj1000:

A sell off here that takes us to even or negative in the sp500 would be very unexpected and make the market definitely bearish for friday. Possible, but I am not betting yet

ES would need to drop back below 1082 for a serious selloff to occur...right now bulls are in control.
 
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