ES Journal Archive (2009 - 2010)

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Quote from Eko_Trader:

However, the fact that it's been stalling in that 86 level for the past 4 hours...allowing longs to pile in is a bit perplexing.
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Especially when one considers the folks just sitting there, selling to all those longs. For heaven's sake, they should read your post!
 
Quote from Eko_Trader:

If this chart ain't bullish, I don't know what is. It's sitting above the 85 resistance, AND above the trendline with nothing but open air above. However, the fact that it's been stalling in that 86 level for the past 4 hours...allowing longs to pile in is a bit perplexing.
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the support line since fe5 5 was crossed on wed afternoon and is now resistance,around 90 on the spx
 
Quote from Eko_Trader:

However, the fact that it's been stalling in that 86 level for the past 4 hours...allowing longs to pile in is a bit perplexing.
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So they can get stopped out this AM... feed the bears... then run it up and stop the bears out. wash rinse repeat.
 
Quote from F112358:

Hola!. 1150 target on ES!. Short at discretion!. Fire!. Si.
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F - you might consider that 1165 was the target and it's already been touched and we're moving up again.

You may be right on 1150 though....

(I'm assuming your target is the high on 3/12)
 
Quote from BA_Trader:

So they can get stopped out this AM... feed the bears... then run it up and stop the bears out. wash rinse repeat.
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Distribution in progress.

Size unloading.

End of this rally (daily level) is near or already here.
 
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