ES Journal Archive (2009 - 2010)

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Quote from Lawrence Chan:

1167 or 1142 first?

=)

LC, is there any significance to the fact that EUR/USD is making new highs, but ES so has hasn't been able to. Plus NQ is underperforming.

tx
 
Quote from ASusilovic:

Organized foreplay to hold ES above 1153.25 before opening to dump at "better" prices...

Previous week high acting as support.

Likely expand the range to next weekly target level.
 
Quote from Anna K.:

LC, is there any significance to the fact that EUR/USD is making new highs, but ES so has hasn't been able to. Plus NQ is underperforming.

tx

ES is more a currency proxy now comparing to NQ.

That's why it is holding up above previous week high so far.

There is a strong magnet at 52 (PP) that is likely to tag today though as NQ need to retest previous week close now.
 
Quote from Lawrence Chan:

ES is more a currency proxy now comparing to NQ.

That's why it is holding up above previous week high so far.

There is a strong magnet at 52 (PP) that is likely to tag today though as NQ need to retest previous week close now.
Didn't NQ go below previous week's close on Monday? (I know because I got blasted by the move)
 
Quote from H30:

Can someone tell me why 1200 isn't a done deal in the es since those in charge continue to weaken the dollar

Not just U.S. gov wanted QE.

There are also UK, Euro zone, Japan, etc.

The race/battle/war to sink their currencies faster than the others is still going on.

So far US is leading =P
 
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