ES Journal Archive (2009 - 2010)

[Pholeuon]

200 Ema was tested. We need hammer on daily to suck enough longs.

 

[jagmot]

Quote from Eko_Trader:

That was a balsy move. Anyone know why?

Consumer credit came out not sure why it is so bullish.

http://fidweek.econoday.com/byshoweventfull.asp?fid=442732&cust=mam&year=2010#top

 

[Eko_Trader]

Quote from Pholeuon:

200 Ema was tested. We need hammer on daily to suck enough longs.

Looks like you'll get it. I have seen this movie before. 62.50 has to be broken with force to legitimize this

 

[junglerott]

Quote from Eko_Trader:

That was a balsy move. Anyone know why?

The market has been up 16 out of the last 19 Mondays. Maybe people are catching on.

 

[tomahawk]

Quote from Pholeuon:

200 Ema was tested. We need hammer on daily to suck enough longs.

Do you have a chart? I'm showing no tag yet (103.95 is the ema).

Elsewise, VIX was way overblown and hit TL resistance.

 

[Pholeuon]

In Quotetracker it is at 104.60 approximately - this was penetrated.
Anyway we were close enough, 0.1-0.2 does not matter on daily.

 

[tomahawk]

According to Stockcharts SPX did touch but SPY didn't. A little odd, but good enough I guess.

 

[startraitor]

Reaction low was .382 fib retrace on spy and spx from July 8 lows, as well as the phantom print. Nice reaction.

 

[Brianharvey]

so did we go down to the phantom spike low that predicted the 100 point drop and then bounce??

 

[Builder17]

they painted a pretty picture today