ES Journal Archive (2006 - 2008)

VIX at 46.5 is lowest since spike down in early November and October

 

913 -914 is the right shoulder in the works if they can make it.

http://finance.yahoo.com/q/bc?s=^GSPC&t=5d

 

exit all but 1 7.75, target 13-14, will look at the 10 area as well.

 

898 is a 13% fib pivot and 895/6 is 21% pivot. To keep a minor daily up trend intact They are both considered very bullish if held on a pull-back.

 

kind of an f..d up neckline vol

 

With exp playing a big factor this week, it seems unlikely the markets will now move very far from 900. But there is a possibility of another test of the 850 area. If it hapens next week on low volume it could be a decent buy for a leg up.

 

daily supp line since fri,or last 4 days,comes in at 904-905,they are battling at that #, res lin5/15 to 12/15 is around 1295 for today ,we broke above tuesday and have been massaging it as support

 

Not nearly as f..d up as the longs are gonna be when it breaks to 885

 

Its T-day! Those boys aren't gonna let that happen! Are they?

 

The test of opening range top 909 is very very odd.

We are talking about 300K+ contracts changed hand right there at 908-909.

Since opening range top is tested and failed (sort of), let's see if 898 is next.