ES Journal - 2014

trans 1929 and 1998 line was tagged in jan also and also in a distrib pattern

 

spy at a line see if it hold as res

 

I'm no expert in time cycles but SPY looks like it's due for a top, if the pattern holds:

 

Next shorter time frame showing the same thing:

:eek:

 

market has a way of making believers and those that say wtf. imo this week will not be calm which means if i am thinking that it will...lol. +100 pt move in 8 days....that's normal with low volatility...yeh right!

 

short a few from 16 90 , adding 33.25 offer 34...add 34.5 offer 35, filled...offer 6.25

add 37.25 add 39.25...edit avg 34.25

 

Shorted the open and now starting off in the hole. Doh. Hate having to grab the shovel so early lol

 

cash channel........... break thru, drop below, retest

 

Looking kind of top heavy. Time for a little correction after that steep incline?

 

Maybe to early, short 37 target 29 stopp 39.25.