ES Journal - 2013

es smaller time frame

 

s 82
stop 85
t 76

 

You're aware of the pivot at 86ish? If we don't hit that today, it will mean four days in-a-row without a test of the pivot, something that hasn't happened in a very long time...

 

thanks, i didnt see that.
just thought 76 would be a nice place to start the RTH

 

Well, it's anybody's guess, of course...but I've learned the hard way that it pays to keep these things in mind

 

when i plug in pivots on chart. it comes up with pp as 87.25 (globex) or 78.25 ?

 

yes my typo...meant 87ish (RTH)

 

Note that we are currently struggling around s1 and s1 is also a strong support band over the past couple days all-hours.

This (possible) break provides obvious trade triggers while a bounce is still probable and most likely.

"most likely" is never a sure thing though.

 

spx needs to hold 85 or fill that gap

 

add 83.5 avg 78 add 86 avg 79.6