ES Journal Archive (2009 - 2010)

plan on going long 1156.75

 

1166.25 or if we break the high 71.50, another 8 pts up

 

ES finding resistance at yesterday's LOD. It needs to clear 1170.50 convincingly if it wants to take a shot at gap fill.

Now it's the bulls time to show some balls...or else bears are gonna be all over this level and push it down to retest intraday LOD.

 

Missed that beautiful 30pt run on the NQ

 

By the way, interesting to note that volume has been amazing today so far. Almost 1.2M contracts traded already vs yesterday's 1.4M.

Should be interesting throughout the day.

 

10-14-10 08:45 AM

Strong Dollar, Weak Stock Market.

Thanks China!

 

Anyone wants to go long the spy?

 

1167.50 long or short

 

Your're flying with one engine if you don't understand volume. Price is the other engine. All you need.

 

Figure out the riddle and the markets are yours for the taking.