ES Journal Archive (2009 - 2010)

[JSSPMK]

Quote from schizo:

1200 sounds a bit loony to me. But then again, who knows. I would say 1140-ish is about as far as we'll go.

I am not going to swear by 1,200, afterall weekly trend is still down.

But consider this, SPX 2009 Hi was 1,132.6 I believe, 2010 Hi was 1,220. So if SPX takes out 2009 Hi & we get a weekly or a monthly close above it, then next magnet will most likely become 2010 Hi=1,220.

 

[ammo]

oex daily

 

[JSSPMK]

Monthly SPX.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2947810>

 

[schizo]

Flip long flip short flip long flip short...flip me. Who are these morons? I heard the prop traders at Goldie are leaving. That must be the reason for the low volume. They're all out to lunch.

 

[schizo]

Thanks for the chart. But that looks pretty bearish in my eye. Once it drops below 1000, look out below.

Quote from JSSPMK:

Monthly SPX.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2947810>

 

[ammo]

spx 3 year monthly mp chart

 

[emg]

Quote from schizo:

Thanks for the chart. But that looks pretty bearish in my eye. Once it drops below 1000, look out below.

Doomsday!! u know the fat finger will trigger

 

[schizo]

Quote from schizo:

Flip short 1108.75

P/L: -8.50

Flip long 1108

P/L: -7.75

 

[JSSPMK]

Quote from schizo:

Thanks for the chart. But that looks pretty bearish in my eye. Once it drops below 1000, look out below.

IMO it is a congestion, price yo-yoing between averages, but getting closer to an impulse wave.

 

[schizo]

Quote from schizo:

Flip long 1108

P/L: -7.75

Flip short 1107.75

P/L: -8