ES Journal Archive (2006 - 2008)

Well 876 is pretty well defended so far, and it's 2pm.

Will they run it up for 2:15?

If they're gunning 888 by 3:30, I'm shorting into the close.

 

I feel the same way, though in my case "Sometimes" is replaced by "Often"

 

VWAP - volume weighted average price of the day, currently stands at 77.

50% level of RTH day range - currently at 75.75

For very strong and strong trend days, VWAP is not touched at all throughout the day.

So an up day with dips going all the way back to VWAP multiple times indicate buyers are not as aggressive.

 

Thanks for the info LC!

I don't see a VWAP indicator on Ninja (and hate the fact that it's not printing information on the current bar like volume and indicator...). Wish for a better freeware.

I the next move will be big, but since every up-move to 879 gets smacked silly, I fear that we sell-off into the close.

 

Looks like to many buyers with stops hoarding the 77 area. I guess the stops below were just to irresistible to pass up.

 

buy 882

 

out 883.50 scalpalicious

buy 882

 

target hit, short at market cover EOD

 

Sold half my position of ES at 887.5

DMartin

 

Is tommorrow a half day? Either way oil will be down 2 or 3 bucks and S&P will try to get back over 900 and fail!