ES Journal Archive (2009 - 2010)

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i think goog ,pushed nq,goog had res at 616,got to 619,see if it reaches and gets rejected at 622, dont see the vol in nq, oex is megaphone inside of a megaphone,blue line on es is 3/5 and 7/13 lows,possible sneak up past or to res line, tortoise is probably in good shape being long for a day or 2
 
Whether GOOG was volume leader or not it is rather obvious the intention was to force the index above resistance. You can also see last time similar volume was a while back :)

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2683829>
 

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I wanted to create a composite for a while now & here is the basic version of 6 Composite index (FTSE 100, DAX, SPX, NDX, Hang Seng, Nikkei 225). It is yet to be adjusted by %, this is just a basic chart based on weekly close values :)

1 July 2009 - 25 December 2009

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2683885>
 

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Quote from JSSPMK:

I wanted to create a composite for a while now & here is the basic version of 6 Composite index (FTSE 100, DAX, SPX, NDX, Hang Seng, Nikkei 225). It is yet to be adjusted by %, this is just a basic chart based on weekly close values :)

1 July 2009 - 25 December 2009

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2683885>
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Not sure what this is supposed to tell us?
 
Quote from tortoise:

Not sure what this is supposed to tell us?
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Final version will be adjusted by %, the idea is not to follow 1 index, but to follow a composite index, which ought to provide better indication of turning points/continuations. Global economy :)
 
Quote from wave:
Shorts from 1125-1135, target 1108.
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trying not to be greedy, looking for 1113 within the week.
edit: save B1S2 the trouble, ignore for journal, no live trade posted. :p Hope all are enjoying the holidays.
 
Quote from tortoise:
on what basis?
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1108 is solid support launch area for holiday fluff stuff. 1111.25 to 1113 is weaker support area after into holiday fluff stuff, incl low volume, for three days. I see a revisit to these areas during "real" trading. I'm a noob, so ignore as needed, but it's what I see.
 
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