ES Journal Archive (2006 - 2008)

exit 1/2 96.75, target 92.50-. stop to be.

 

add 97 ,avg 94.4

 

exit and long 899-900 flipping long with stop under 96. target 906+

 

Too many days of tight range.

Momentum/moving average indicators tend to mess up bad or flatten out.

Breakout of 908 or 884 would provide the first clue of direction.

 

yeh - extremely tight - chop zone -but huge move on horizon as it breaks out

 

This is where day trade break out systems or trend systems fall apart - but then you gotta live with it

 

vix pointing down after breaking daily triangle, volume pointing up, and we have 2 double bottoms at 885.

buyers have just not gotten aggressive yet.

 

ppi tommorrow,should see some movement late afternoon ,or at least after #

 

buy 898

 

out 899.50



buy 898