ES Journal Archive (2006 - 2008)

That will do little pig, that will do....

P.S.: It is called ADU for a reason....

P.S.S.: Also there was another ascending triangle but I figured everyone noticed it...

 

bad entry, stopped out and shorted 73, stop 75, target ?

 

75/76 is a good short level

 

now looking for longs, hard push over 73.25 and should take out hod.

 

hoping for this rally to fail at HOD or slightly above. I want to do some more shorting. Making money on the long side takes to longgggg. pun intended.

 

Looking for a pullback to hold then get long on signal.

I'm ok with it failing as well, if it does good chance we'll visit lows if this scenario happens.

 

there was the multiday DTL and R1, and weak volume on the climb to name a few.

 

Whatever way you are playing the end of day break out. I would load this one up. Should be a big mover either way. Looking for volume to come into it like yesterday.

 

JSS said the daily looks like a downside wedge.

I am thinking that it looks like a descending triangle.

Any input?