S/R Emini Journal

[romik]

Quote from 4re:

Anybody think this pennant will work? If it does it should continue up. Just something to watch.

It could, I am currently set-up both ways, I believe daily shows enough signs for a decline, question of timing though, hence betting smaller size so far, but ready to take long above 1343.25 for a quick buck (hopefully).

 

[brightstone]

Do you think we will confirm the top once more before the trip down?

 

[john99]

Quote from volente_00:

No way G, this sucker is going to close at the lows of the day !

1pm reversals....ahhh..
If YM breaks 11700,,,,this thing is going higher

 

[5Pillars]

http://www.charthub.com/images/2006/09/26/ES_317_VB_13.png


There trying to squeeze us shorties out.....

 

[john99]

ER2 and NQ trendline breakout, YM/ES holding. Watching to take pullbacks if trendline in YM breaks. SOX reversal, looking for pullback and break through 33.90.

Already closed my long on ER2. looking for possible pullbacks.

 

[5Pillars]

Well last 1/3'rd out at B/E..........

http://www.charthub.com/images/2006/09/26/ES_317_VB_14.png

turkey's!

 

[john99]

Quote from 5Pillars:

Well last 1/3'rd out at B/E..........

http://www.charthub.com/images/2006/09/26/ES_317_VB_14.png

turkey's!

Dam, right at the reversal, that always happens to me. ER2 sold off pretty hard. on the ES 1343 touch. I see ascending trendline. Strong resistance above. SOX will have to go to 34 for breakout.

 

[5Pillars]

OK......I keep swinging at all these pitches (very active day...I like this)...........

http://www.charthub.com/images/2006/09/26/ES_317_VB_15.png


My lunch is sitting here all cold....I have not even touched it yet :eek:

 

[john99]

This might be bearish divergence, SMH popped to 34, NQ lower high. ER2 non responsive. SOH

 

[volente_00]

Only way this market will go down is if i take a long.