ES Journal - 2014

Short 28.50. SL 35.00

 

Very high confidence short entry.

 

spy higher high higher low may have to retag that 84 5 area for a 3 step drop pattern to 173

 

if not that high in spx hit that small 41-38 nip and now inside the lower nip may go and fill out that bell curve down into that 19 -13 cleave

 

Sh*t, tape turned and negated the short. Out at -1.50. Re-entering short at 32.00 limit on a swing. SL at 47, target 25.

 

wondering if banks will make it to that cleave

 

Short 31.75 on the 32 touch. Target of 25 cash, 19 futures. SL at 49 futures.

 

what does 32 touch mean? "target 25 cash, 19 futures???are you short ES contracts and where will you cover? @1849?? please explain

 

25 cash is the spx, touch of 32 means you wont get filled on the offer if thats the high so you sell the bid of 31 75, stop is if the es gets to 49, es is the future trading about 5.5 -6 points under the cash, so 25 cash is equivalent to appx 19 es

 

+1