ES Journal Archive (2011)

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Early hints of a double top here.

Could very well be a bear trap as well and we did run up 17 points in a short period of time, so it could be a normal retrace though.
 
Quote from Laissez Faire:

Nice. Interested in playing the gap fill above if that happens or is it back to the sim ferraris now? :)
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Workin' for Ferrari's again :) My "Oh crap!" moments come in spurts and then I immediately fear losing and close the real ladder down. I'm usually good for a good morning trade and then occasionally a nooner.
 
Double top remains in effect.

Could not test the highs on the first push. After finding perfect support at the day mid, we stopped even lower on the second push.

Could still be a trap for an early bear, just observing. :)

Nice discipline, bigsnack. :)
 
Look at the double top from yesterday.

I guess everyone thought it was over after rallying from the lows, but failure to take out the highs was a sign of weakness.

Not saying it will repeat today and I would certainly not short from here. :)

Just saying. :p
 
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