ES Journal Archive (2011)

[ammo]

ibm

 

[volente_00]

Quote from ammo:

going by the 1st 2 days, this may be a liquidation week,if friday is a big flush, then smart money would be shorting the rally's here while late to the party longs are waiting for a pop to get out

shorties gotta cover and DEMTDAYBOYZ smell green.


Let em work that IHS on the 5 minute and 18 on a squeeze is the agenda. projection is 25 but 50% is around 18 on the down move.

 

[ammo]

aapl

 

[volente_00]

Reduced 01.75

 

[Lawrence Chan]

Quote from volente_00:

shorties gotta cover and DEMTDAYBOYZ smell green.


Let em work that IHS on the 5 minute and 18 on a squeeze is the agenda

green by close, probably.

higher high on daily, probably not.

=)

 

[volente_00]

Quote from Lawrence Chan:

green by close, probably.

higher high on daily, probably not.

=)

all those stops sitting above 10 providing fuel

 

[Lawrence Chan]

Quote from volente_00:

all those stops sitting above 10 providing fuel

Then ES needs to hold above previous day RTH low, by a tick will do.

 

[volente_00]

Quote from Lawrence Chan:

Then ES needs to hold above previous day RTH low, by a tick will do.

98 to 18 as they blow past green

 

[shakira]

Quote from Now is Now:

Ok...I'll be the mug...Why is the Globex high irrelevent and not the low...?

Is this related to just today or all the time...

More importantly, why is 129350 "likely to be revisited before the close"...?

NiN

In a daily downtrend, GLOBEX lows generally don't hold as a swing turn. In a daily uptrend, GLOBEX highs generally don't hold as a swing turn.

Today's GLOBEX high was irrelevant in a daily chart as it lays middle of yesterdays' range. The GLOBEX low on the other hand stands out as the low for the week in the same chart.

 

[kinggyppo]

long spy 130.57