ES Journal Archive (2009 - 2010)

JSSPMK · Dec 2, 2009

Quote from Lawrence Chan:

Weekly, potential w. thrust should it close below 1.507 area (the old high of the year) by friday.

Edit: That implies a target of the 1.46 area again.

Edit again: Should this 1.505 to 1.508 area holds by Friday close, will look into going long =)

TY!

ASusilovic · Dec 2, 2009

Quote from Lawrence Chan:

Weekly, potential w. thrust should it close below 1.507 area (the old high of the year) by friday.

Edit: That implies a target of the 1.46 area again.

Edit again: Should this 1.505 to 1.508 area holds by Friday close, will look into going long =)

Three 8 hour candles show EUR / USD heading downwards. Hard talk of FED officials should help :

Fed must tighten before growth is vigorous: Lacker

flatron · Dec 2, 2009

Quote from flatron:

Limit in to buy at 1105.5.

Looks like i was filled.

Lawrence Chan · Dec 2, 2009

Quote from ASusilovic:

Three 8 hour candles show EUR / USD heading downwards. Hard talk of FED officials should help :

Fed must tighten before growth is vigorous: Lacker

NDX must turn red for any sell off to happen.

Edit: I do not consider today we have a sell off yet as we are very close to unchange for the cash so far.

Decel · Dec 2, 2009

Big H&S on the NQ, neckline @ 1789, shoulder @ 1793, head @ 1805.5

Damn thing had to drop while I was out

Oh and there's RSI and MACD negative divergence on the SPX daily that seems to have started back in Aug.

I guess divergences don't work, or there's a HUGE drop comming

saliva · Dec 2, 2009

Feels like all the big moves occur in the AH these days when I'm usually aimlessly meandering in the neverland.

saliva · Dec 2, 2009

Quote from Lawrence Chan:

NDX must turn red for any sell off to happen.

Edit: I do not consider today we have a sell off yet as we are very close to unchange for the cash so far.

By which I would think you're referring to an intraday selloff.

With the fat Santa and his ilks about to embark on the trannie express, what's the likelihood that we'll see a meaningful selloff in December?

Lawrence Chan · Dec 2, 2009

Quote from saliva:

By which I would think you're referring to an intraday selloff.

With the fat Santa and his ilks about to embark on the trannie express, what's the likelihood that we'll see a meaningful selloff in December?

GS hinted momo buy should fail. Thus it may as well start today. =)

Builder17 · Dec 2, 2009

closing anywhere near here would seem bearish on daily

Builder17 · Dec 2, 2009

im struggling to see how weekly could close higher than where we are now as well