ES Journal Archive (2009 - 2010)

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Quote from Pholeuon:

Do you know what is insteresting? ES is extremely intraday overbought but NQ not as much, NQ has room to go up ES need consolidate

Considering tech a big part of the strength of the markets NQ probably the one to watch for weakness to short ES.. watching NQ 2039 (open of THAT daily bar) to 2043. Hopefully we see those tomorrow, preferably a gap up.
 
Quote from Pholeuon:

Do you know what is insteresting? ES is extremely intraday overbought but NQ not as much, NQ has room to go up ES need consolidate

NQ bounced off daily 20 SMA yesterday.

ES went below for 2 days and now above.

Enough reason for sheeps to rush in to go long.

Edit: Last leg on the daily I guess.
 
Quote from wave:

Then sell the double top.

Knew you are going to say that.

All out for me right below 06 and done for the day when it hits.

Your target is more aggressive. Seeing that playout is very cool! =)
 
Quote from wave:

Then sell the double top.

You read my mind...we may move for a short time over 1204.50...

It is fascinating how fast US fund managers have swallowed the Greek problem and associated Euro region problem. Seems, more than a dozen austerity packages in different EU countries do not pose any threat to global recovery. Ignorance has been always the strong part about US fund managers behavior...:cool:
 
Quote from ASusilovic:

You read my mind...we may move for a short time over 1204.50...

It is fascinating how fast US fund managers have swallowed the Greek problem and associated Euro region problem. Seems, more than a dozen austerity packages in different EU countries do not pose any threat to global recovery. Ignorance has been always the strong part about US fund managers behavior...:cool:

They raid whatever moves.

No fundamental. No valuation. Just pure money play.

And when bonus cut is on the line, people do act aggressively you know. =)
 
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