ES Journal Archive (2009 - 2010)

Or, another way of looking at the same chart ....

I added the purple TL which starts at the high. To me this purple was a major TL which was broken and recently re-tested from the other side. Bullish breakout now at minor TL resis. on the far right.

Respect.

T

 

Not to get into a chart war here or anything, I just find it interesting to compare. I see breakouts of the major TL's (using only the outside tops paired with the Oct. '07 all time high). Ammo it looks like you're using log scale charts ... do you find those TL's accurate enough?

 

there is another one from 10/08 /07 @,1576, and the 1217 high from 4/19 /10 that comes in around 1155,maybe it will provide supp the same as the one you have drawn

 

tomahawk,used to use lines in the newspaper, using yours ,willl you draw the 1440 and 1217 and see what you come up with

 

Actually it looks quite similar to yours.... just about hitting the TL now.

 

thanks, heres the djt ,its also the low before the big drop

 

djt reduced to a 60 minute doesnt confirm the last hour pop

 

Interesting ... thanks.

 

Here's the DJT linear chart with TL from the high. Looks pretty damn close to a perfect tag today.


Edit: Correction - the tag looks like it was yesterday.

 

Building short position here
ave. 68.25
shorting through 70-72+,
stops at 75.5