ES Journal - 2012

Back up into yesterday's range now. If we find acceptance and support here at 1410, I would bet on the gap fill above.

Could still head lower after that though.

 

6 mo es, doesnt tell me when but tells me we will visit there

 

same chart

 

giving it a try. March contract.
short 12.25
stop 15.5
target 00

 

Not exactly a setup, but like I mentioned in the last post, I wanted to see if we would snap up from yesterday's low before entering short.

Fake breakouts are common in ES, so what seems to be a break, often is a trap.

Something I learned the hard way.

Gunning for the gap now (without me, connectivity issues again), but we may of course reverse from there and head lower today.

 

nearest res spy 142 62

 

short 1417.5

 

Looking at NQ it reversed off yesterday's low and is heading lower, unlike ES. Could stop the gap fill from happening.

 

aapl needs to treat this like supp

 

aapl