ES Journal Archive (2011)

[zjulian104]

Key reversal short 55.75 is the magnet. Home sales may beat expectations so news players may control the dom interim. But until the weakness is rectified the rally was null (in my OTGSHESHO).

My guess: Already priced and moving lower.

 

[tortoise]

Quote from zjulian104:

But until the weakness is rectified the rally was null (in my OTGSHESHO).

what does that mean?

 

[Picaso]

Counter-point

+ DOM +- balanced after Home Sales

Edit 04' skewing again - I have some 2 minute time mismatch with ET servers

 

[JoshDance]

pending home sales -4.6% quite a bit worse than expected, 2nd worst number in 16 months but market does not sell -- apathetic, selling still to come, or bullish?

 

[GTS]

Market closes red today

 

[Laissez Faire]

Dropping very slowly here, but lower lows and lower highs are being made.

AH mid and 50% gap around 55?

 

[tortoise]

Quote from JoshDance:

pending home sales -4.6% quite a bit worse than expected, 2nd worst number in 16 months but market does not sell -- apathetic, selling still to come, or bullish?

it's all about eurusd. we're trading forex now

 

[GordonTheGekko]

Is anybody trading anything else besides the ES? I haven't touched anything else this week...

 

[Laissez Faire]

Retracing here or any reason we could form a bottom in this area? MP`ers?

Looks like the middle of nowhere to me.

TICK is not looking too bearish at at this point.

 

[GordonTheGekko]

These are the sorts of days that make this $hitty new england/nyc weather meaningless