ES Journal Archive (2011)

[Picaso]

Quote from tortoise:

trend day up, you mean?

 

[Picaso]

Quote from Laissez Faire:

NQ at round number at 20-EMA. Possible bounce.

ES possible support at 60?

R2 = 58.

Half gap at 55.

A real sell-off from here would be nice.

Looking like a trend day so far?

 

[Laissez Faire]

Quote from tortoise:

trend day up, you mean?

Lower highs, lower lows.

Down.

Unless we actually found a real bottom here at 60. :eek:

Not sure if Picaso`s chart looks too promising for a trend sell though (referring to up/down volume).

66,50 = 50%.

Let`s see there. But a perfect trend day would probably not retrace even that much.

 

[GordonTheGekko]

Off the es, ARCO will be RIPPING!

 

[macho grande]

In your dreams Lf, in your dreams

 

[tortoise]

Quote from Laissez Faire:

Lower highs, lower lows.

Down.

Unless we actually found a real bottom here at 60. :eek:

Not sure if Picaso`s chart looks too promising for a trend sell though.

I suspect the bottom is in for today

 

[Picaso]

Quote from Laissez Faire:

Lower highs, lower lows.

Down.

Unless we actually found a real bottom here at 60. :eek:

Not sure if Picaso`s chart looks too promising for a trend sell though.

Keep in mind that gap up was too juicy for market makers not to fade it some...

We're still up 2%, this hardly qualifies as a down trend day...


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Quote from Laissez Faire:

66,50 = 50%.

Typo? 56,50?

 

[JoshDance]

Was looking to buy 61 after it found support but did not get a fill at 61.25, looking to buy 63.50 now, and if that fails, will reevaluate at 61

 

[Buy1Sell2]

Quote from emg:

Good Morning Traders!

"Trade" disregarded for journal integrity purposes.

 

[Laissez Faire]

Quote from Picaso:

Keep in mind that gap up was too juicy for market makers not to fade it some...

We're still up 2%, this hardly qualifies as a down trend day...

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Typo? 56,50?

Looking at the chart structure it is looking like a trend day, but you may be right with regards to the MMs.

No, 66,50 being the day`s current 50% level.