ES Journal Archive (2009 - 2010)

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dow hit res 10460, trans res 4180, nq hit 78 fib from jan10 hi to feb 5 low, sh 1124 for a pullback, shortterm trade, this looks like a never sell a dull market day
 
Quote from inks2002:

anyone else seeing us getting to previous 1148 highs? and the euro getting to 1.3780 or 1.3820 MAX then downhill from there?

wave are you still short?




I see us getting to 1185 on cash sometime this year.
 
Quote from ammo:

dow hit res 10460, trans res 4180, nq hit 78 fib from jan10 hi to feb 5 low, sh 1124 for a pullback, shortterm trade, this looks like a never sell a dull market day

Testing the break of the ascending triangle


Notice the 5 min vol spike when it broke 23



9/18 still parallel and pointing up
 
Question:

what level would you select as the "pre-Lehman level"?

Lehman went bust on Sep 15, 2008. Would you use the open/close of that day? Or the open/close of that week?

If you choose the open, then we have the following numbers:

ES ---> 1218.25

NQ ---> 1762.25

YM ---> 11031

NQ is the only emini who broke the pre-Lehman levels. If you take a look at a daily chart, you'll see that the pre-Lehman level has been a major pivot in NQ.

I can't tell when, but I am pretty confident we'll erase the pre-Lehman levels in YM and/or ES by the end of this year.
 
Quote from volente_00:

Testing the break of the ascending triangle


Notice the 5 min vol spike when it broke 23



9/18 still parallel and pointing up
theres a small tl connecting 2/25 and 3/1 lows
 
Quote from ammo:

theres a small tl connecting 2/25 and 3/1 lows


If r10 holds, then you get a min 5 point retracement

Have to break down through 23 on some vol to get follow through
 
for the market profile people, heres a hand chart, used someone elses as an easel and tried to white it out, theres a double boob from 1107- 1092 top and 1080 -1054 bottom with cleavage from 1092-1080, this is using each day since 2/5 as 1 letter,we should pullback to 1108 and test support, if we can print 1100 ,should see 92/3, then fill to 1080, gap filll on a bar chart
 

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