ES Journal Archive (2011)

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Triangular formation setting up and continuation of trend line from yesterday.

Definitely a fight going on here :) Could possibly see a sweet breakout to the upside from here.
 
Quote from -hammertime-:

If I had to go long, I wouldn't be a buyer until that 1118-19 area

good luck everyone

I agree. I am also waiting until the news to see what I want to do. I think unless new home sales are decidedly up we will see more downside. If they are flat or down it will be a roller-coaster.
 
Quote from Laissez Faire:

Sold 25. Stop @ 28. Will consider reversing for a long if stopped.

Not feeling to strongly about this trade, I`ll admit it.

EDIT: Risk reduced to 2 points @ 27.

Stopped! :eek:
 
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