ES Journal Archive (2009 - 2010)

Great trading ammo.. Looking for EURO short 1.3650 later in the day I hope.. the natives off for early Turkey?

 

i was hoping for a dip to 1184 ... alas, not meant to be, methinks ...

 

84 area on the weekly reduced to 30 min is 86.75 with a 200 period ma at appx 89

 

weekly also has nip 84-89 ,could still see it

 

could be ... looking increasingly dubious from where I sit, but we'll see ...

 

now increasingly less dubious ...

 

Nice call

 

The market is looking weak today with every sector ETF in the red at the moment, with the financials leading. The NYSE TICK is surprisingly neutral though and not very weak.

I`m currently looking for a place to short. We might be testing the 1190 level before resuming downwards.

 

Short @ 1188,25, Buy stop placed @ 1191,25.

 

After breaking out of the down channel 2 days ago, ES has now tested and held the broken TL for a second time. Could be only temporary, but could be a S/T bottom ... we'll see.