ES Journal Archive (2011)

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Fake breakout of R10 at 92 or just pulling back? I`m observing that TICK reversed at the highs, although not very negative readings. Let`s see if buyers step up for realz.
 
Quote from Laissez Faire:

Would be better if the 50% actually acted as support, but if we retrace 50% of this move, that takes us down to 88 and the 20-EMA.

Maybe. :eek:


we're headed back to the lows, i believe
 
Quote from noone3:

ss 88.50 stop @ 90 tgt 84
out and back in at 90 for same tgt, new stp @ 91.5
I know its tight and that i exited at same price where i entered but i believe in new lows before 16:00
 
Quote from tortoise:

we're headed back to the lows, i believe

Just a bull flag perhaps and an overshoot of the expected retrace and 20-EMA? :)

Edit: Nah, maybe not. Looks weak still. Thought we would push up stronger than we did through the 50%.
 
Quote from Laissez Faire:

Just a bull flag perhaps and an overshoot of the expected retrace and 20-EMA? :)

Edit: Nah, maybe not. Looks weak still. Thought we would push up stronger than we did through the 50%.


on second thought ...
 
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