ES Journal Archive (2009 - 2010)

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If people figured out why it is going up & not crashing down like some predict then Airway's strategy will make a lot of sense. In an inflation driven markets dip buying is the way to go.
 
Quote from JSSPMK:

If people figured out why it is going up
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The best part is that you don't have to KNOW why, you just have to TRUST hat it will continue to do so.
 
Monthly resistance above:

NQ 2,256 another ~3.5% to go
YM already hit resistance & retraced slightly
ES 1,216.75 under 1% to go

IMO markets will continue pushing towards NQ resistance, until that time pressure on USD to downside. Upon hitting all 3 resistance zones retracement will be quite likely & DX to retrace to 80 zone. Then will come the resurrection of USD down trend & stocks will advance through current resistance zones ;)
 
The market seems to like the republican takeover. shaping up as one of the best bull days in some time. Looks like one of those buy and hold days.
 
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