ES Journal Archive (2011)

[marceck]

Quote from marceck:

Targeting ES 1136 minimum upside.

1133.75 is initial resistance.

 

[startraitor]

1155 today is a two foot putt.

 

[A-No1]

Resistance is futile. You will be assimilated. I am Borg.

 

[Picaso]

Quote from startraitor:

1155 today is a two foot putt.

 

[marceck]

Longs getting a little bit nervous here as yields pop up to 1.8%. The ZN move might be over, support is now 131'005.
There was some exhaustion volume at 1133.75, so non-greedy traders took that. still think we are headed higher, but it gets a little risky now.
The game is/was to short squeeze all the disbelievers after a heavy down day.
Bears only regain control below NQ 2188.
ES 1121 remains a key fulcrum today.

 

[A-No1]

papertrade:

long@ 1128 stop@1123 target @1135

 

[marceck]

1.8% on the ten found lots of takers. NQ needs to hold 2188.

 

[marceck]

Long ES 1126, stop 1124m, target 1129

 

[marceck]

Quote from marceck:

Long ES 1126, stop 1124m, target 1129

out at even

 

[marceck]

It will probably get up there, but I've done my trading this morning and going to call it a day. I also don't like the weakness at NQ 2188.