ES Journal - 2013

J.P Morgan, when asked what the stock market will do, replied,
It will fluctuate.

 

they kind of just look like they're going up in that chart...

 

Obviously, but in its current state, this one tends to go up a lot more than it goes down; and such observation is undeniable.

 

Remember, he only shorts, you could show him a green arrow going up and he would see a red one going down lol

 

Shorting this pivot and tl / res. at 1625

tgt 6-10 pts stop at 30 ish or strong break /confirmation of 26-27

 

i would look for that arrows target,just put that chart up to show a res line

 

Ya I get you, was more of a silly joke, I also understand your reasons for shorting only.

 

a res in cash at 30-31

 

Expect a 10-20% pullback from 1629 sp, then a run to 1670+ end of year. Just thinking out loud.

 

reason?