ES Journal Archive (2011)

[Laissez Faire]

Quote from emg:

plan on going sideway. time for lunch!

That`s not very encouraging.

No plan to long @ 1210?

Testing prior support @ 35-36 from below now. Also 20-EMA. What are you telling me, Mr Market...

 

[Laissez Faire]

This last leg up is looking like a bear flag retracement both on ES and YM.

Putting in a higher low on this thrust down and maybe we actually find a bottom here?

NQ made new lows for the day though.

Probably just seeing what I want to see.

 

[Laissez Faire]

Any comments from the market internals crowd?

TICK not looking too negative?

 

[EON Kid]

Quote from Picaso:

With all these crazy headlines (take a look at a euro chart) you never know, but so far it seems to be a risk OFF day (with the exception of crude)

I still think the Euro wants 1.40

 

[ammo]

watching the dollar,no clear signals for now,wndering if eur has to hit 40 before a drop

 

[Picaso]

Quote from Laissez Faire:

Any comments from the market internals crowd?

TICK not looking too negative?

 

[Picaso]

TICK neutralish right now, but still with a bearish bias

(up/down vol narrowing, btw, but still trendy)

 

[ammo]

flatline from earlier is gone

 

[Picaso]

And this is what I have on the radar

(sorry for the many posts, but posting more than one picture in one post is a pain in the neck)

 

[Laissez Faire]

Not looking good for the shorts now. One hell of a bear flag for sure.

How high would EUR/USD 1.40 take ES then?