ES Journal - 2014

Bargains being snatched for the next run.

 

80's before end of the week, that's the goal!

 

buy 'em

 

[qthought ctionzip54, post: 4038045, member: 272590"]Is pinkman still long from 1962?[/quote]

Speak pinkman.

 

1780 or 1880? It does seem a bit overdone since we haven't had an 80 point day since......when?

 

Thinking 1880 more likely first

 

Actually thinking 1900+ in the cards by friday

 

I would be shocked at 1900 by Friday...market seems broken even if economy isn't . I'm not much of a TA knowledgable person but haven't some important levels been broken? Reality is we were down 50 points at one point today....fear is powerful. If market can at least recover to the 70s there is upside hope for next week.

 

I'm guessing we just carry on going down over the coming days/weeks, although that was a pretty powerful snap-back! (although already sold of 15 handles since the evening high)
See what tomorrow brings i guess

 

This. If 1870's trades then I think 1880's is a definite. I don't have any downside target, but I guess we'll see what develops by the open tomorrow.