covered hal;f at 1127. still have a few in play. stop on the remaining half at 1130.00
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ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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covered hal;f at 1127. still have a few in play. stop on the remaining half at 1130.00
uvolk/dvol is saying all day down , uvol flatline, dvol surging, 1120-22 has a good chance, nic e trvl wanderQuote from Lawrence Chan:
You are hoping for that but not quite there yet as it may not happen today unless we have the mkt trapped in the bottom 4 to 6 pts for the coming few hours.
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We bounced at 25 because that was the low on the 5th, which so far is the lowest swing low since we took off to the upside for the new year. If that doesnât hold then 19 should be the next level followed by 11 if things fall apart this week. If they do hold it up then no real damage has been done to any of our uptrends.
This is what I posted elsewhere yesterday morning about the Euro:
âSeems Euro should hold the 1.4260 area or it looks like a quick trip to 1.42, then 1.4068 if that doesnât hold it.â
We are due for a bounce since we have come so far, but I donât see how that will change the downtrend, so I wouldnât be overly optimistic about longs.
So far it has less than a large impact on the ES but if we break 1.40 people will starting thinking about 1.37, and it will be hard to avoid that having an impact on other things.
âSeems Euro should hold the 1.4260 area or it looks like a quick trip to 1.42, then 1.4068 if that doesnât hold it.â
We are due for a bounce since we have come so far, but I donât see how that will change the downtrend, so I wouldnât be overly optimistic about longs.
So far it has less than a large impact on the ES but if we break 1.40 people will starting thinking about 1.37, and it will be hard to avoid that having an impact on other things.
Where are all the Ammo bashers today ?
:eek:
:eek:
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