ES Journal Archive (2009 - 2010)

eur usd

 

I agree, it could go either way, and just to cover all grounds eventually it might just stay where it is (sideways)....

I mean first you throw out a bunch of analysis, then you go with the "it could go either way" route. That is not much of a help or conviction...

 

eur usd 5

 

spy daily

 

spy 5

 

If it breaks above 15.5 we'll have an ADU maybe to 1132-5;
If it breaks below 6.75 we'll see 1093, before taking off to 1132 area.

I'm not a guru, so it still could go either way, but I'm leaning toward the bearish play before a further bull move.

 

ad 13.5 offer 15.75 add 15.25,never got to 15.75, reduce 11.5 ,avg 14+

 

Sell 1113.75. Target 1078.00. Don´t know whether target will be reached today, but in the next couple of days.

 

weakening US$ will favour the bullish case

 

theres a ledge near 1116 es, a ledge represents a large working seller or buyer, in this case it looks like a(past) large working seller ,that could still be an attractive short for some,above the line those shorts may have stops to cover