ES Journal Archive (2006 - 2008)

Black box indicates top for today between 48 and 51 on cash.


Look out below

 

Just messing with ya. Peace!

 

I sure hope your black box is still functional, because mine hasn't been all that great lately.

 

ES...man....what a nice channel...would have been very nice NOT to have been stopped out of my long at 11:42.

 

Looking to build short position 848 to 855, total of 8 lots


Next resistance is at yesterday's midday range highs NASDAQ 1451, SP 849 and DOW 8449, respectively

 

http://www.charthub.com/images/2008/12/02/MP_Primary 47 is upper cleavage, 46-42 is yesterdays nip, my nip was 44 because i chart in 1 point increments,he also uses ah #s and i dont

 

Key is momentum. Once the selling picks up, we can see a quick reversal down to 810 (so sez my unreliable crystal ball ).

Good luck!

 

sal, do we have to wait til 12:20 cst, do u use time of day?

 

covered all but 1 for just over be at 43, too heavy to be holding till noon hour is over.

 

When I speak of time, I'm referring to the DURATION and not to any speacific hour of the day.

Sorry, but I'm off to lunch.