ES Journal Archive (2009 - 2010)

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Quote from jorgez:

In this moment we have the RTH OPEN acting as resistance plus we have 2 more levels at 64.75 and 64.50.

These three are putting a powerful cap upon the price but increased volume could easily blow through them this afternoon.

I have no idea whether this is going to break north or south, I purposely keep my head in neutral.

But I do know what I will do when the price strays near s&r zones ... in other words will I flatten one of the brackets or let it detonate.


3 fat red candles probing lows on the ES hourly today


59 or 69


if IHS fails then 59
 
Quote from jorgez:

In this moment we have the RTH OPEN acting as resistance plus we have 2 more levels at 64.75 and 64.50.

These three are putting a powerful cap upon the price but increased volume could easily blow through them this afternoon.

I have no idea whether this is going to break north or south, I purposely keep my head in neutral.

But I do know what I will do when the price strays near s&r zones ... in other words will I flatten one of the brackets or let it detonate.

I like detonations. Si.
 
Quote from volente_00:

3 fat red candles probing lows on the ES hourly today
59 or 69
if IHS fails then 59

I cannot comment on the above as I use constant volume bars .... I find them far more precise and obvious when it comes to projecting s&r zones.

I do know the speed the vol bars rollover, but oddly enough it doesn't seem to matter ... it is just price chasing s&r levels or price in free fall /free rise.
 
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