ES Journal Archive (2006 - 2008)

HIgh probability of last hour swoon -- back to 840 or lower

 

I'm seeing a flurry of block trades on T&S. Too early to tell if it's sustainable, but I sure hope so.

 

there she blows

 

It looks like my unreliable crystal ball, which I thought was worthless just a moment ago, might actually be correct after all.

 

Dollar yen breaks down.

Should be gunning below 92 ...

 

Long 861

 

We need to see one more long red candle on the 5-minute chart to confirm that this is genuine.

 

sh 60.50, 52 stop, target 35-40

 

Alright we have it. A long fat red candle!

 

Block trades picking up steam...choo-choo.