ES Journal Archive (2006 - 2008)

I think we missed it tortoise... missed entry by a couple points.. cant chase it now.. didnt wan to hold over the weekend anyways.

 

good point...i missed that....too focused on what seems to be transpiring now...

good lesson in KISS, though. thnx

 

Really?

Today´s premarket action combined with the losses from the top are looking pretty bad.

Confirmed flag NQ. Gives a target around 2065/60. (Wednesday opening)

Everything below 1462 ES looks very bearish to me.

In retroperspective, it seemed like a giant shortsqueeze.

Anyway, I´m off. Was a exhausting week with a disaster on wednesday but a great recovery on the last 2 days.

P.S. take a look at the fundamentals news from this week.

Consumer Confidence: worser than expected

Durable goods: worser than expected

unemployment a bit higher than expected

Looked like it was all ignored

 

REALLY nice try at closing the gap, but not quite. Upside gap won't be filled until it prints 71.25.

 

there will be a retest in the 75% odds area... that is good $$

then I go short for a major drop...

 

canceling this trade... missed the move by a few points....

 

notice the wonderful structure...

 

another perspective.. on the 'A' formation being created.

 

something interesting happened, on the 26th... it could just be coincidence. But a buy signal was generated for 27th on most world equity indicies.

 

wonderful structure resolution.