ES Journal Archive (2011)

[ammo]

is here

 

[fishing]

Quote from ammo:

is here

seems like a false TL break down yesterday. does it mean we're going up from here on daily chart?

 

[marceck]

The weak ten year auction is setting up a bid in equities. Don't fight the bond market's negativity today, at least until we get closer to the final hour.

 

[marceck]

Tip: note today's auction at 2% for the ten year and understand that for the next week or so, we will gravitate back to that area if we move too far away. That helps you gauge equity ranges.

Example: yield climbs to 2.1%, there will be demand since the auction was lower at 2% and that will take money out of equities. The inverse holds true.

 

[tomahawk]

Quote from crazyAtrader:

If it can't be replicated in SPX, I don't trust it.

ES has pseudo AH plots and if you plot auto rolled over data among providers, even worse.

Stick to cash indices for the truth.

Crazy A

I find sometimes ES leads and sometimes SPX does. Each chart can give clues to the other's "intentions".

fwiw, the ES TL touch was made in RTH, but I know what you're saying. It all may be moot shortly if this little upward drift continues.

 

[ammo]

Quote from fishing:

seems like a false TL break down yesterday. does it mean we're going up from here on daily chart?

cleavage at 68 on a 20 day,look for volume b/a to go 5 or 600 to 1000 up at 68 to confirm battle front for turn or continuation,,,spx at that trendline

 

[ammo]

djt weekly

 

[ammo]

djt daily

 

[emg]

Quote from emg:

plan on going short 1174.25

order pending

 

[ammo]

oil,we are slightly above this and djt ,but they both trade thin and often smudge the numbers slightly,so you have to wait ,spx,es,cl and djt are all playing at resistance,so if you were looking at 5 instruments for confirmation of turn or continuance of trend this would be the spot....eur next chart