ES Journal Archive (2011)

[Laissez Faire]

Quote from PO:

I'd say test of AH high sounds reasonable.

That would be even nicer.

 

[noone3]

Quote from noone3:

long 1216.75 tgt 12.19 stp 1215.75

adj new target 1220.5, new stp 1217

 

[bigsnack]

LF,

I took your idea and ran with it. These are the "zones" I'm seeing. I would think if we get up above where we are, then the next zone is up at 22.50 / 23 evens. This would start to fall in line with the idea of "option pain", since it would be in the MM best interest to raise prices here. to get closer to that ideal spot for expiration.

 

[bigsnack]

Oh yeah, and how about the chart this time????

 

[JoshDance]

quite a lot of sellers at 18-19 .. 19.25 is the open of the day too

 

[Laissez Faire]

Good stuff, bigsnack.

Breakout of the 50%, re-test and take off was a great long entry.

Question is how far we can go or if the daily range is completed.
I observe potential resistance at 19,75 being the open and AH mid, but now that we reversed already, we may blast through that if higher.

Hmmm...

 

[Macho]

Sold short 1 @ 121825 Stop 122800, but will lower it over time.

Target 120650

 

[Lucias]

Difficult read for me.. looks like 15 is acting as attractor was looking to sell 22s from longs. Already stopped out and probably on break.

 

[BSAM]

Quote from BSAM:

Strong hammer on YM, 5 minute.
We'll see.

Okay, we got a nice move off the hammer.
Now, a close above 11805 could indicate more upside.
We'll see.

 

[ammo]

need to fill that gap to 23 on the rth charts