ES Journal Archive (2009 - 2010)

plan on going long 1148.75

 

trenday since 11 am, lot of time left...blue line dvol, yellow uvol 62 is now resistance

 

Hey, Ammo, thanks for the explanation before.

 

I believe major support should be at or near 45 IMHO.

 

that blue trendline reduced to a 30 min chart is appx 58.5

 

if the banks ,bernanke , are buying equities,they as individual banks,must have a limited acct,they would need to sell, take profit, and if the recipe hasn't changed ,reload at lower prices....as they did several times in 09

 

is gold a dip or has it cracked? can't decide tempted to take a stab long.

 

Even if its a dip it will go bellow 1300, where thats another question, even 1220 possible and uptrend intact.

 

i like 55.50

 

Out half 59.25 for +14.

Looking to convert remainder to syth short straddle for a strike touch prior to election day.