ES Journal Archive (2006 - 2008)

Still can't see demand- volume come in at these levels.
You'd expect a real bargain wouldn't you.

 

Im smelling something as well.

 

Long from 1434.25.

 

db smell

 

Covered at 1439.00 for +4.75. Looking for possible 50% retrace and then up again

EDIT: Rats, didn't qite make it to 50% so I didn't get filled. Still flat.

 

We had a volume breakout to the upside coinciding with a price breakout as well. First pullback after the breakout is usually safe bet. Cut you losses, ride your winners.

 

Once the weak hands are shook out the blast off continues

 

Is that cooked shorts I was smelling ?

 

Long again from 1441.00.

 

rule of 10 short signal at 1444 previous resistance