ES Journal Archive (2009 - 2010)

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Quote from No.Heat:

Here's my humble analysis of SP500 daily chart.

Using cash index as guidance, the market is in a clear uptrend, 100 and 200 day averages clearly uptrending.

The latest pullback though was brutal absolutely destroying the 50 day, using a 2 standard deviation on the 50, it looks we could have confluential support there with the 100 MA so I'm expecting some sort of support there at the 1080 area. It's too premature to decide if that holds or not, but if it holds the market has another shot at new highs, otherwise I'm afraid it's a quick hard run to the 200.

Best of trading to you all.

No Heat

Sell on the way down, buy on the way up.

;)
 
Quote from ammo:

gotta squeeze the shorts and get people back in, then bigger selloff later in the week

i think we test 25 through Wednesday, i really wanna see this crash to zero
 
Quote from OTCkrak:

i think we test 25 through Wednesday, i really wanna see this crash to zero
if that happens, good luck getting your money out of your acct
 
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