ES Journal Archive (2006 - 2008)

Same here.
Possible close above 906
But, with thin volumes and early close -- it can go either way

 

Not trading today: slept in, plan to go out with family, and enjoy the holiday weekend.

One intraday observation: ES tested the low of the opening range (9:30-10) range. In my experience, once that happens, the high of the range gets tested next. That means 889 gets tested next.

 

Never confuse confidence for ego.

 

Dmartin, somewhere in this long journal Buy1sell2 spelled out the exacts of his 2% rule. i don't remember the exact numbers but the actual stop as a % of the trading account was pretty high if i recall. Maybe he will clarify.

 

NQ has a gap up there not filled yet.

 

Went to Best Buy today, the line was shorter than Circuit City last year!

 

Last hr tends to trend on shortened day.

Next 15 min will give out which direction.

 

Let me guess, bullish??

 

Not as bullish as I thought.

2 legs up, 1st 7 pts, 2nd 7 pts ... will need NQ fill gap to take ES higher.

 

Memo said SLIGHTLY bullish, not a giant rally.