ES Journal Archive (2009 - 2010)

Nah, join the bears.

 

It is really the direction, not by how much what determines the pattern. Since we failed at the upside breakout, down we went right around 2 pm...

 

Now that 870 is taken out, 855 should be the next support. Seize the moment, boys!

 

Got it now. I tested your SDD as you described in the other thread. Seems to me the initial drop was an important criteria.

 

Today, there is absolutely no panic in the tick index at all.

Drop to new low does not result in extreme selling - people are buying all the dips so far!

 

Looks like time to get long 65-67.

 

dec congestion ,64-67.....edit.... lows and cleavage below at 53 if 63 doesnt hold

 

Yea me...
L 64
T 69+
S 61.75

 

11/5 and 12/16-17-18 highs on daily bring in supp line at 63,little early in day to be reaching it and bouncing ,and very little reaction if shorts are looking to cover at daily tl as supp

 

Now for setup for a final stab in the heart.