ES Journal Archive (2011)

[volente_00]

Quote from Lawrence Chan:

Defending 91 means someone is willing to push it to above 1298-1300

There is the 2nd gap fill zone.

Today we filled the 1st one.

Edit: so the 81 swing low at end of day probably means a showdown at 91 area.

90% chance sept hits 1304 min this sometime this week as long as 72-75 holds

 

[atticus]

Quote from Lawrence Chan:

Defending 91 means someone is willing to push it to above 1298-1300

There is the 2nd gap fill zone.

Today we filled the 1st one.

Edit: so the 81 swing low at end of day probably means a showdown at 91 area.

I am always surprised by the amount of emphasis placed on futures-gaps due to the relative volume in the cash vs. futures markets.

 

[eudaemon]

Quote from volente_00:

90% chance sept hits 1304 min this sometime this week as long as 72-75 holds

92.73% in fact.

 

[tycoonman]

Quote from volente_00:

90% chance sept hits 1304 min this sometime this week as long as 72-75 holds

are you being sarcastic?

 

[Lawrence Chan]

Quote from atticus:

I am always surprised by the amount of emphasis placed on futures-gaps due to the relative volume in the cash vs. futures markets.

Actually I use the future's 4 pm close as proxy to the aggregated gap fill of the components.

Make sense now?

 

[Lawrence Chan]

Quote from volente_00:

90% chance sept hits 1304 min this sometime this week as long as 72-75 holds

If we get a top tomorrow, new low will be printed by Friday around 1250s.

That's probably the other 10% scenario, right?

=)

 

[volente_00]

Quote from Lawrence Chan:

If we get a top tomorrow, new low will be printed by Friday around 1250s.

That's probably the other 10% scenario, right?

=)

This is still valid

Quote from volente_00:

flush possible but we will not close under 1266 for the next 8 trading days

friday is day 8

 

[volente_00]

Quote from tycoonman:

are you being sarcastic?

Was I being sarcastic last night when I said if 63 holds we will print 80 today ?

 

[volente_00]

Unless the bears print a lower low, 1397 is my target for the next higher high

 

[FreakofNature]

Quote from volente_00:

Unless the bears print a lower low, 1397 is my target for the next higher high

What do you consider a LL, taking this weeks lows or taking march lows ?

Thanks

FoN