ES Journal Archive (2009 - 2010)

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Quote from petty1978:

I don't know you but you don't sound crazy :)

It is going to take an awful lot of power to move the markets above the 5-6-10 highs for very long...
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It will be a 3 month grind from a capitulation short term bottom if it happens reverting back to the previous lower volatility.
 
Quote from startraitor:

short 47.50, 4 point stop, new lows target.
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you may get stopped out...1052-1056 is going to be a safer spot...I only say that because I do not have any resistance (from my techniques) that would indicate that spot as a reversal.

Your holding until new lows?
 
Quote from volente_00:

It will be a 3 month grind from a capitulation short term bottom if it happens reverting back to the previous lower volatility.
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Volente do you trade heavily via [volatility] analysis?
 
Quote from petty1978:

Volente do you trade heavily via [volatility] analysis?
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discretionary using s/r, chart patterns, gap analysis and some voodoo spy option interest bs for the bigger picture.

Coincidently the spy option interest supports the h&s projection at the moment giving it more credibility.
 
technically 1534 mar 2000,left sh,1576 head oct 07,neckline at that point 927(head to neck range 650),right shoulder 1218, break neck retest it,break from 1040 area minus 650 ,roughly 300,if we have 3 or 4 years of deflation,who knows
 

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Quote from ammo:

technically 1534 mar 2000,left sh,1576 head oct 07,neckline at that point 927(head to neck range 650),right shoulder 1218, break neck retest it,break from 1040 area minus 650 ,roughly 300,if we have 3 or 4 years of deflation,who knows
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easier to see on dow
 

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Quote from petty1978:

1052.25 offers a shorting opportunity to 1047.
1064.25 offers a shorting opportunity to 1059.25
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Ok so the ES hit 1053.50 and reverted back to 1047.50...then it reverted back to 1054.50...the 1052-1056 band offers a lot of resistance...look for this to stall and hit 1047...
 
Some random commentary not worth much but...

...I cant see the ES just capitulating anytime here this week or until the QM reverts back to the $80 area and then it is fair game...We may not see a stellar 100 point rally, but Oil wants to flirt with $80 real bad again and that may be enough to keep the ES from diving too far south...

Full Disclosure :) I am in a long trade on the QM, my exit is 79.75 and my stop is at 63.00...so maybe I am living in a cross contract delusion...
 
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