ES Journal Archive (2011)

[volente_00]

Quote from tycoonman:

you guys think it breaks 1300 tommarow?

1300 -04


tomorrow as long as 82 holds


longer term 1313-15 if 82 holds

 

[klinckphilip]

Quote from volente_00:

1300 -04


tomorrow as long as 82 holds


longer term 1313-15 if 82 holds

LIKE

 

[cashcarewins]

Quote from volente_00:

1300 -04


tomorrow as long as 82 holds


longer term 1313-15 if 82 holds

Isn't that a bit of a tautology? If it doesn't go down it will go up. It's the same as saying if 1300 holds we'll see 82.

 

[FreakofNature]

Quote from cashcarewins:

Isn't that a bit of a tautology? If it doesn't go down it will go up. It's the same as saying if 1300 holds we'll see 82.

I see where you are coming from but he's just trying to be objective to price as he notices an inverse head and shoulders forming giving the opportunity for a right shoulder pullback to project it to the area he stated.

Right now that's about the cleanest PA afterhours is displaying anything else would be pure guess.

FoN

 

[ammo]

Quote from eudaemon:

when/what time is the earliest objective detection (of trend day) from that chart?.

when only one starts to flatline,then it needs to continue, started to rise again after that pair of lines,became a normal up day,could have resumed flatline after 12 30 cst lunch but didnt

 

[volente_00]

so mwingo


I still await your response

Quote from volente_00:

Also 1 week of trades means nothing. What has been your performance for the past 1, 5 and 10 years? Do you have the perserverance to do this day in and out over the long haul or are your recent trades the product of current market action and not from your edge.

 

[Arnie Guitar]

Quote from tycoonman:

you guys think it breaks 1300 tommorow?

I'd be stunned.

With the action at the end of trading today and the indicators tonight:

http://money.cnn.com/data/afterhours/

I would think tomorrow will be a down day.

Just my opinion, respectfully.

Arnie

 

[volente_00]

adding ultra mega max size at 83.25 and adjusting stop to 78.75

 

[futuman]

Quote from tycoonman:

you guys think it breaks 1300 tommarow?

Possible. However, we haven't seen the lows of this run yet.
You don't have tops or bottoms without tails in the daily candles.

 

[cashcarewins]

Quote from futuman:

Possible. However, we haven't seen the lows of this run yet.
You don't have tops or bottoms without tails in the daily candles.

Everybody has their own OS indicators, and based on price / momentum it may look oversold. But I use the ADD (advance / decline) and that has definitely not gotten oversold through all this selling. So I too look for a bit more of a climax before any sustained rallies. Here are the last ten closes:
1232
1324
1569
-1974
-197
-1306
-1802
371
-1498
788

No -2000, no big doubles.