ES Journal Archive (2006 - 2008)

stop probing in most markets.

 

long here $spx.x $1496.53, long xlf $31.06. no stop

 

nice move......looks to be big support on the 60min....if we take that out then mild S at 94/95

thanks JSS.........this weekend.....on the road now.

 

I'm putting some cash to use, Oil alarm won't be in for another week.

Taking long spooz here.

 

Bull break out right after I had a short at 1503 (what I thought was resistance and in the madmoney). Reversed in time to catch a bit of it (2.5pts).

New resistance 1508 and another bear coming???

 

out $spx.x $1500.14 will hold xlf.

 

this leg can takes us to test the 60 minute downward trendy. Holiday atmosphere could have us break it, spilling us to 1580 since bearish consensus has built up.

 

.... need 1492.5 as confirmation of bigger pattern....

 

Watching the price action carefully here. May be another low-risk short entry coming up. Still flat, just watching closely.

EDIT: I'm seeing bearish divergence. I'm seeing the beginnings of some selling tails on the short term charts. Waiting for a confirmation of reversal before going short from here.

 

just dipping my hands in small size short

have had a good day and dont want to short a squeeze rally... but risk is low here many other things coming in here so just a little piece to hold for a 6-10 pt drop