ES Journal Archive (2011)

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Volente,

Was the move from the daily low of 1278,75 towards the daily high of 1288,75 what you call an R10 move? :)

Is the idea that the market often travels 10 points from one swing high to another swing low, or vice versa?

Please enlighten me :p
 
Quote from Rickshaw Man:

Lowest volume of the year in ES.

Fairly useless observation. Means nothing, unlike volume exhaustion that could mean turning point.
 
Hey, what do we call this?

314x8ch.png


Is this the R10? No, that is not it. Maybe T-Day bonanza? Nah.
OK, I got it, this is the lizzard*!! That is what it is.... :)

Just joking of course , but actually since the Height is 9 pts (pretty close to 10) and it supposed to finish tomorrow (T-day) it is all 3 of the above. Predicted 3rd top is 87.5+9, whatever that would be.... The reason I am showing the hourly chart, because it bounced from the SMA.....

Futures already did 6 pts of the 9, but I trust that it would play out on the cash too....

*dragon
 
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