ES Journal Archive (2009 - 2010)

Before that, I think they'll try to hit 1225.

 

as i said ...

 

out +3

Lovely day.
a lot more upside to go i think. I'll likely regret this exit in a minute, lol

 

Last print 1121.50. Buying 1175 puts. It seems there are enough "profeesionals" moving into the market above 1119.00. At least 40.000 contracts are telling me that the next fool is trying to be smart.

 

Last Month Hi was 1,224.75 I believe, so conservatively that ought to be intial target (or just under). Beyond that the door is open to 1,242-48 IMO.

 

actually, i think this is it right here

 

add 20.5 avg 15.5 39000 vol spike on 5 min bar at 21.5

 

Last month's high was actually the retest of the high made in May. So this one is up for grabs IMO. I think there will be a significant resistance.

I personally think this is a "buy the rumor, (soon to) sell the news" reaction following the ADP report yesterday. They're betting on a stellar jobs number coming out tomorrow.

 

in the old days, wasn"t that a major fade event?

 

1/2 off 1219.50