ES Journal Archive (2009 - 2010)

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Quote from Panama:

...this week so it could go either way. Other thoughts and comments?

I agree, it could go either way, and just to cover all grounds eventually it might just stay where it is (sideways).... :)

I mean first you throw out a bunch of analysis, then you go with the "it could go either way" route. That is not much of a help or conviction...
 
If it breaks above 15.5 we'll have an ADU maybe to 1132-5;
If it breaks below 6.75 we'll see 1093, before taking off to 1132 area.

I'm not a guru, so it still could go either way, but I'm leaning toward the bearish play before a further bull move.
 
theres a ledge near 1116 es, a ledge represents a large working seller or buyer, in this case it looks like a(past) large working seller ,that could still be an attractive short for some,above the line those shorts may have stops to cover
 

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