ES Journal Archive (2009 - 2010)

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Quote from NoDoji:

Market was definitely overbought and should find support around 1080-1085 to keep the uptrend intact for a 3rd push.
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Hmmm... I think 1100 was such a hard nut to crack and hold on the way up it will hold.. I'll definitely be long NQ 1865 area if we sniff there today for a double bottom.. hopefully 8:30 report does the trick.

Falling back into the 1085/1100 box will be quite negative.
 
Quote from NoDoji:

Market was definitely overbought and should find support around 1080-1085 to keep the uptrend intact for a 3rd push.
More...

Agree... bids sitting in and around 1087 for some time now.
 
Quote from Rashid_G.:

Hmmm... I think 1100 was such a hard nut to crack and hold on the way up it will hold.. I'll definitely be long NQ 1865 area if we sniff there today for a double bottom.. hopefully 8:30 report does the trick.

Falling back into the 1085/1100 box will be quite negative.
More...

I don't think it will fall back to 1080-1085 in a day, but it's the logical target for a pullback in the trend.
 
With this I fully agree. We can not go to 1080 - this will break the uptrend channel that has bottom about 1087 for now. Because we practically did not tested the bottom of channel I expect it will not break immediately.

Quote from Bootsie:

Agree... bids sitting in and around 1087 for some time now.
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