ES Journal Archive (2009 - 2010)

If the intention is to print a close below 900 then taking it a bit lower is needed.

 

i think we need to settle above 900 to leave 950 in reach for tomorrow if there is a reversal.

 

As I pointed out on the monthly chart I posted, we have to go above the 950-960 area for this to be more than a bear market rally.

 

stop looking for "rules" and trade what you see!!

 

I see ES touching DAILY SMA at 891.00 today, rebounding and failing to hold 900.00 - so far...

 

Triple bottom with Dow?

Speechless

 

Now, that's priceless. May I just add that you should have a contingent plan in place just in case things go awry.

BTW it's worth noting that what you see is not always what you get.

 

Dude I'm going to have to start holding things over night if the market isnt going to give me more than 5 points per trade. This is a waste of time....

 

On the 5-minute, we have a distinctive H&S for the Spooz. It looks like the time bomb is ticking.

 

Yeah, I'm not fond of the 10 point range days either.