ES Journal Archive (2011)

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we were touching the 97 when that was originally posted,it was a trend day so if it didnt hold, that was the next magnet below or place where you might find a group of buyers,its also the tl line,that was a 20 day ch ,this is a 1 yr ch..the next spot for buyers would be that 78-83 area
 

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Quote from ammo:

we were touching the 97 when that was originally posted,it was a trend day so if it didnt hold, that was the next magnet below or place where you might find a group of buyers,its also the tl line,that was a 20 day ch ,this is a 1 yr ch..the next spot for buyers would be that 78-83 area
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we'll retest 1200 first, though ...
 
Quote from ammo:

we were touching the 97 when that was originally posted,it was a trend day so if it didnt hold, that was the next magnet below or place where you might find a group of buyers,its also the tl line,that was a 20 day ch ,this is a 1 yr ch..the next spot for buyers would be that 78-83 area
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Thanks Ammo, I think!!:eek: :D
 
Quote from tortoise:

we'll retest 1200 first, though ...
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Depends. If it were a newly made high, maybe. To control the bounce bears have dominated sell stops at 1202 and 1003 since before the teach bubble burst.

If I had time to count the passes at 1200 I'm certain I'ld discount it as worth a damn.
 
Wow, take a look at 60 min chart. Red candles all the way down, from 1230.75. Been a long time since I have seen something like that. I hope everyone made some coin today. I am still short one.
 
Quote from zjulian104:

Depends. If it were a newly made high, maybe. To control the bounce bears have dominated sell stops at 1202 and 1003 since before the teach bubble burst.

If I had time to count the passes at 1200 I'm certain I'ld discount it as worth a damn.
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it's five points up ... not too much of reach
 
Quote from mastacoli71:

Wow, take a look at 60 min chart. Red candles all the way down, from 1230.75. Been a long time since I have seen something like that. I hope everyone made some coin today. I am still short one.
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I made two trades today for three handles each. I was done by 10:30 EST and at the beach by 11:00. :cool:

On the downside, it was windy and rainy here in Florida today, so my beach time was cut short. :(

SPX cash closed at 1200, which I'm sure has some significance. Did anyone see the Kudlow Report tonight?? If that guy doesn't have a drinking problem, I don't know what he has. Good at asking the tough questions though, esp. when his "guests" all agree with him...LOL!! :p
 
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