ES Journal Archive (2009 - 2010)

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Quote from Brianharvey:

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still holding the 1097.25 long
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Gonna hold on to that one over the weekend.
Hoping to grab 10 ES points or so from it on monday.
have a good one
 
Ok, I little forecast. When the brown line (the breakout line) will cross bellow the sky blue line (bottom of current channel) this bottom will be tested at that moment, or short after. However, it is not time bar chart so I do not know when it will happen.
 
Quote from schizo:

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That is a funny chart... You can't use today's high until it becomes a pivot.. All downtrend lines HAVE been broken.. 1120, 1130 next.. question is Monday's retrace.. 1094 is a buy zone..
 

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Quote from Rashid_G.:

That is a funny chart... You can't use today's high until it becomes a pivot.. All downtrend lines HAVE been broken.. 1120, 1130 next.. question is Monday's retrace.. 1094 is a buy zone..
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I will be very surprised if they came lower than 94 for people to get on board. That has never been the case for this crazy market. I expect a frustrating run up with very little pull back. If we get a decent pullback to about the 70s that allows people to pile in, I will turn back to being bearish. For now, The bulls have turned to be the most resilient crowd...even tho I can't stand em, I have to party with them.

Here's some encouragements for the bears...
We go up on light volume and selloff on heavy volume, that indicates net outflow from the equity markets. This has been happening for a while now. Who's doing the withdrawal and why? I don't have the slightest clue
 
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