Sell ES 931 Objective 780
- Thread starter TheBestGuruEver
- Start date
Done, I'll only be commenting on the charts from here on out, until the ES breaks 931 to the upside (effectively ending TBGU's trade at breakeven - commisions) or we see a drop below 890 (showing the break of support and the resumption of the BEAR).
***
For anyone even remotely interested in this trade, pull-up a one-hour chart and take a look ... and tell me what you see.
Quote from MandelbrotSet:
Done, I'll only be commenting on the charts from here on out, until the ES breaks 931 to the upside (effectively ending TBGU's trade at breakeven - commisions) or we see a drop below 890 (showing the break of support and the resumption of the BEAR).
***
For anyone even remotely interested in this trade, pull-up a one-hour chart and take a look ... and tell me what you see.
So you're looking at a double top as opposed to the 2 month head n shoulders that is forming?
No
Going sideways for a bit until it gravitates to 1000?
I realize that you're a multi-alias who no doubt wants to get it started up again (after Ivanovich has told us to cool it or lose it), but I've already posted my chart and my analysis of what I anticipate price action will do on the thread.
I still hold that opinion, so review the thread if you want to know what I think.
Later multi-alias.
LOL. fine, no more personal attacks unless attacked upon.
just to re-iterate.
Dow under 8,000 and/or S&P under 880ish (all drawn with crayons, not some fine line)....then I will add.
Was hoping for late-day sell-off.
darn.
taking out friday's low in the Dow and then recovering is good for bulls, but back below there are we should see another 100 points down
above today's high and then bears might get nervous
late
just to re-iterate.
Dow under 8,000 and/or S&P under 880ish (all drawn with crayons, not some fine line)....then I will add.
Was hoping for late-day sell-off.
darn.
taking out friday's low in the Dow and then recovering is good for bulls, but back below there are we should see another 100 points down
above today's high and then bears might get nervous
late
Well, you're a multi alias too... except you're a moderator under your other alias.
You need to chill out dude. I'm not attacking you. End of this month I believe formed a doji on a 2 year monthly chart. The trendline going down connects the dots... on a monthly chart. However, this doesn't mean that July wont etch up a bit... I'm just trying to gain some adequate insight. And I think at this exact moment you two BOTH have an exact amount of anxiety... Maybe weighed just a bit more on your side though.
Now that I look at it, and think about it, this is also the end of the quarter. So, I'm thinking that it may actually go down to around 850ish... Not attacking, this is just what I see.
LOL
1. I most definitely am not (and have never been) a moderator on this trading Board.
2. With observations like that, I can pretty much dismiss the rest of your commentary as well.