ES Journal Archive (2011)

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Quote from volente_00:

if it to be then we are going 27 to 17 next




longer term looking for 1290-1300 in next 8 trading days

Don't join the bears and lose all your money :(
what's happened to you last few sessions? You've lost your trannie magic :cool:
 
AH high @ 1331 tagged. Let`s see if we can take out yesterday`s high as well.

Friday`s high @ 1333,75 is also likely to be tagged, being this close.

I`ll stay on the sidelines until we get there and see how price behaves there.

A failure to reach those levels might be a good set-up for a short.

1330 will probably serve as support.

1328,5 might be minor support as well, since it is both the 50% of yesterday`s range, the pivot point and the cash close.

ES, NQ, YM, moving together. TICK also suggests buying pressure this far.

It`s interesting that 31,75 is a 100% expansion of the opening range (1st 30 minutes). Credit goes to Lawrence Chan and his STOPD levels for this.
 
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