ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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You might be right brother... I've been anticipating a turn here but it's still a little early to call it for my taste.
If market sells hard there will be a CRAZY run on gold as people pull their money out of equities and need a place to put it. Gold hasn't even started bubbling yet.
SP500 closed red for the day.
Are you freaking kidding me with your stupidity ?
Markets go up and down, they move in waves, so if a T day has a wave up you take your pompom out and go cheerleading.
Stupid rule, price rules all, listen to NoDoji, even with 2 only years she schools long timers like you who insist on using stupid theories.
PRICE PRICE PRICE!
You and 'emg' should get married....
...have a VERY long honeymoon...NiN
Something is brewing.
We shall trade 18's before we trade under 10.
For the rest of the week I think we trade between 1107 and 1130+ on DEC.
We shall trade 18's before we trade under 10.
For the rest of the week I think we trade between 1107 and 1130+ on DEC.
OK, prediction is coming, so listen, here is the play:
We go back to 1110 cash to fill the gap and bounce from the SMA 9 line. We bounce a good 10+ pts or so from there, making a 2nd top, then continue the downmowe. The target of the downmove is between 1080-90 (cash again) or when the W%R hits -100 on the daily.
From there we should go sideways in a 30 pts range for a good 2 weeks....
Sounds good???
P.S.: There is a chart pattern like this that occurs about 3-4 times a month, I just haven't named it yet...
Edit: I have just realized that today was such a day, except the 2nd half of the day should have been narrower by 2 pts and more even and parallel.
So if we are using today's 5 min chart as a guideline for the daily prediction, we are right now at 11:20, a small red candle, ready to drop down to the SMA 9. Can anybody see what I am talking about???
We go back to 1110 cash to fill the gap and bounce from the SMA 9 line. We bounce a good 10+ pts or so from there, making a 2nd top, then continue the downmowe. The target of the downmove is between 1080-90 (cash again) or when the W%R hits -100 on the daily.
From there we should go sideways in a 30 pts range for a good 2 weeks....
Sounds good???
P.S.: There is a chart pattern like this that occurs about 3-4 times a month, I just haven't named it yet...
Edit: I have just realized that today was such a day, except the 2nd half of the day should have been narrower by 2 pts and more even and parallel.
So if we are using today's 5 min chart as a guideline for the daily prediction, we are right now at 11:20, a small red candle, ready to drop down to the SMA 9. Can anybody see what I am talking about???
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