ES Journal Archive (2006 - 2008)

i see. that is a very interesting point. we will have to see what happens?

 

Key support from ES 929 to 933 (daily S2)

Break below leads to 905

it could be the market is unwinding the Friday late afternoon
exuberance, or has topped and started anotherleg down. I go for the former, with the rally extending to 1000 and above before another leg down.
NASDAQ very weak today.

 

I was wrong and they did close the gap from Fridays close and we have taken out the 41.50 to 37.50. I still like this area but I will not be looking long until we close back above the 200mav on the 15. I am still favoring upside today to challenge the highs and ultimately get to the 72 area.

 

Yahoo cashgap is closed.... We might get a similar day to Friday, upgap closed, then rally...

Edit: Pretty much the normal cashgap got closed too, only 1.5 points remained...

 

9/19-10/27 daily, 935 is fib 23 % ,thur /fri res area on mp 930-937 long 34.5 29 and 32 bid ,22 stop

 

Assuming you didn't pull your stop, if this was poker, they would call that a bad beat.

 

target hit.

support coming in at 20.

 

stopped out,still like em down here,usd/jpy and trans holding supports,97.85 and 3640

 

classic gap up and sell off, I knew this was a head fake today. Nothing but bad news on a monday.

 

This is old news but interesting reading, fear and greed.


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