ES Journal Archive (2009 - 2010)

[startraitor]

Operative word is painted, they trapped a lot of buyers if this does not materialize into further upside on Monday.

 

[Builder17]

true, thats a good point. im actually out of my calls now (taking what i can with this volatility), but i feel like i would be more scared being short into the weeknd, no? thanks for the fib fact too.

 

[Eko_Trader]

Quote from startraitor:

Operative word is painted, they trapped a lot of buyers if this does not materialize into further upside on Monday.

That's why a break of 62.50 is needed to give conviction for Monday

 

[wave]

Expect profit taking once 1085 is breached, whenever that occurs.

Maybe Sunday evening or Monday.

 

[Pholeuon]

We are there, Ekotrader.

Watch few last minutes trading. If there will be unexpected bigger jump down it means that some gorillas dumped positions - than I believe that this is just mouse trap.

 

[OTCkrak]

monster short cover

 

[Buy1Sell2]

Intermediate trend has changed to down and long term trend remains down. Only looking for breakdown trades for the time being.

 

[volente_00]

Quote from volente_00:

To hold the pattern, the next higher low should come in around 1045-46 on cash.

so far so good

 

[JSSPMK]

6 index composite/up to week 5

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2724357>

 

[ammo]

Quote from volente_00:

so far so good

could u post a chart vol,or mention from how far back