ES Journal Archive (2009 - 2010)

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Quote from BA_Trader:

They are running stops under 61.75
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If 61.75 doesn't hold, then 1,000 is very likely as 61.75 is July's 50%. Failure to hold second test will open next level therefore.
 
They ran the stops but there weren't too many down there... too many people short right now.

EDIT: let's see if they take another stab at the downside at 21:00 EST
 
08-16-10 05:52 PM

Looking at Sal's broken crystal ball, I see a continuation down to 1052-1055, where some support should hold, followed by a pullback to 1080 and a break back down through 1050.



That's the problem with those broken crystal balls; they have the right idea but are always off by a week :p
 
Quote from NoDoji:

08-16-10 05:52 PM

Looking at Sal's broken crystal ball, I see a continuation down to 1052-1055, where some support should hold, followed by a pullback to 1080 and a break back down through 1050.



That's the problem with those broken crystal balls; they have the right idea but are always off by a week :p
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Well, that broken crystal ball sez I should go long here. So I'm buying myself a ticket for a ride up north.

Long 62

SL 59
 
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