ES Journal Archive (2006 - 2008)

NQ about to hit buy zone.

Edit: on daily level

 

Yesterdays FED reaction low... this zone will make or break this "bottom"

 

I don't know about that. NQ is less than 20 pts from 52 week low.

 

can you elaborate on what you mean please. thanks.

 

This tape is moving.

 

ES @ 1179 is in play.

 

Does look like it, but that’s what every bull is thinking imo

They will crush them (said with Russian accent)

they will take out the 1162 lows imo

Friday is Quad witch, we'll probably be 100 pts higher by then. All the above is a guess, no analysis.

 

market is under some extreme heavy pressure.

 

Swing high/low are used by some traders.

There are other trading styles that use other measures to engage the mkt. When a price zone have more buyers than sellers, it becomes a buy zone and can potentially be the turning point.

 

Watch the move they pull now.