ES Journal Archive (2011)

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Anyone else worried about what will happen if we don't reach agreement by aug 2 ?

I'm not a permabear but as a realist you have to wonder how bad the panic will be.


Seasonality coupled with that massive h&S does not bode well for the bull case.



200 day looms at 1272 -1278 cash depending on which one you follow


If we breach this then look out below.



Even if they come to an agreement by the deadline, one has to wonder who will be buying after the short aqueeze materializes
 
Quote from iloveoptions:

Traders,

Care to share what are your estimates for this week's high and low? Let's have fun and see who can guess the closest.


globex ES high already in for the week


low guess is 1272-77 cash
 
Quote from volente_00:

Anyone else worried about what will happen if we don't reach agreement by aug 2 ?

I'm not a permabear but as a realist you have to wonder how bad the panic will be.


Seasonality coupled with that massive h&S does not bode well for the bull case.



200 day looms at 1272 -1278 cash depending on which one you follow


If we breach this then look out below.



Even if they come to an agreement by the deadline, one has to wonder who will be buying after the short aqueeze materializes

There will be a deal done.

With campaigns around the corner, no one will want to look bad about opposing a fix, even if a temporary one.
 
Quote from volente_00:

globex ES high already in for the week


low guess is 1272-77 cash

Thank you Volente for your participation. I guess my entry of 1297.5 would put me in the middle of your projected weekly range, and I hate playing the middle, lol.

Ok, my projected range for this week is from 1282 -1290 as low to 1325 -1335 as high.

Come on guys and gals, don't be shy to share your predictions.
 
Quote from iloveoptions:

Thank you Volente for your participation. I guess my entry of 1297.5 would put me in the middle of your projected weekly range, and I hate playing the middle, lol.

Ok, my projected range for this week is from 1282 -1290 as low to 1325 -1335 as high.

Come on guys and gals, don't be shy to share your predictions.

ES levels

1288 to 1292 - so a retest of today's low and going a bit lower is possible

1315 or higher - AH gap from Friday to Sun overnight always get filled one way or the other. As I am bullish, that will be the minimal upside I am looking for.

The tricky thing is that my breadth model has not turned bullish yet today.
 
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