ES Journal Archive (2006 - 2008)

Today's open level is a shock to most ...

If that triggers fund redemption, the sell off in the afternoon will be unstoppable.

 

The reverse yesterday - break 58 down to low 50s, then zoom up above 58, may be replayed here.

As long as there are no outside paper hitting the market to sell will do ...

 

903 is the POC

http://cartadiem.com/charts/08-08/E-Oct22-00.png

 

The volume on this down leg is relatively very low.

 

S912.25, s~2.5, h/s+10

off 1m

Scaled out 2/3 +3

 

1/3 +3.5

L908.75, s~3, h/s-10

 

jss,what do oyu see down here

 

Feeling like a trap. Looking for POC (1248) for possible longs.

If we don't get a death spiral, which I don't think we will. This can rally hard into the close making new daily highs. Long Targets will be (1294).

 

5m histo bullish pattern + near LOD

 

thanks,usd/jpy support 98.05, because it's 2 indexws,close counts