ES Journal Archive (2006 - 2008)

Up and then flat, up and flat or shallow pullback, repeat .... which is bullish.

Yet, I remain unconvinced markets can continue for much higher.

But, it will breakout today or early tomorrow, one way or the other.

 

closed gap, sellers came in and it appear to me the buying is just keeping market afloat so there are people to sell into. I think could get a nice move to 885-895.

 

good to hear,that and stars sell at 912 give me hope,short from 901

 

im selling on a stop at 906.50

 

906 is 61% fib for the 11/4(1007) to 11/21 (741) move

 

Should have stayed alseep. Even my calls are worth less than they were yesterday at a lower price....lol

 

Retail shorts on stocks and indices are forced to cover ...

Stops discovery all day.

No climax yet.

 

$TICK index again showing extreme buying whole day ....

 

Gap at 919 from November 10 on March contract.

 

IF, we are reverting to the mean, then,

1. VWAP today stands at 905
2. 50% stands at 906.5