ES Journal - 2014

Bidding 2000.75 to long - No adds or stops for now - Day

 

Short 2005.50, stop 4 ticks.

 

+6 ticks.

 

reduce 02.5, chart of an inverted hns in spx

 

Think they will run this to 2008ish before we give up some ground

 

Looks like it may be running out of steam here around 2006...

 

Next spot I'll be looking is the 1998 area for a long. Playing this downtrend after yesterday's strong upside move is too risky for me although the higher time frames are beginning to show good confirmation of shorts.

We will have to break 1992 to scare a few bulls.

 

reduce 99 75 cash nip, trend day pattern setting up on the left of that chart

 

Spy 202 coming to a theater near you.

 

Short 01.25, stop 4 ticks.