ES Journal Archive (2011)

Status
Not open for further replies.
There is a 8 pts (cash close) 2nd gap right now. Even with this ongoing Japan crises, so far 2nd gaps have been reliable plays...

Now if the radiation suddenly stops, that is another matter....

For extra fun: On the last 3 days chart there is an upside down H&S, and if we start out with an upgap, that would make an island reversal, both bullish...
 
Quote from volente_00:

looking for a 30 - 40 point move in the next 48 hours from the 40 level
More...



Good thing SPY option interest can't be used accurately to predict moves in correlated instruments.



:)



attachment.php
 

Attachments

Quote from Pekelo:

There is a 8 pts (cash close) 2nd gap right now. Even with this ongoing Japan crises, so far 2nd gaps have been reliable plays...
More...

Give me a 3rd gap (Monday?) and I'm all in every time!!! :D

[Edit: Disclaimer - in case any newer traders are watching, the above statement was in jest ... as prudent traders we never go "all in"].
 
Quote from Pekelo:

On the last 3 days chart there is an upside down H&S, and if we start out with an upgap, that would make an island reversal, both bullish...
More...

Visualization:

169rur7.png
 
Quote from angel_king:

you people can see that today is change direction day and tomorrow is all up all day right?

up later today.

there is no more dow

****************

I revise this really good guess from yesterday, although it did as predicted, to:

the market may might possible could top out today. something about a wedge shape in the current run and the bigger channel that is about 2 weeks old.

it would make me really happy if someone could fix it so the bull run continued
 
Status
Not open for further replies.
Back
Top