ES Journal Archive (2009 - 2010)

hi b1s2,

is the weekly es giving a bullish signal right now? i see bullish divergence.

 

It's Black Friday 2008 style, buy the cheap and be done with it?

Edit: Anyway, 920 has brougt my medium trend to the upside.

 

It makes them more willing to take risk.

Thus most stops are below 16.

Edit: It is likely we go below 16 to discover those stops

 

shorting small 922, stop over high, target 15.50

 

don't know if you guys look at Demark analysis at all, but 5 min, 10 min, and 30 min all giving trend exhaustion signals.

 

For daytraders, they may not have enough time to deal with the exhaustion.

 

shorted another 2 @ 926.25

 

at this rate vix should be at 20 by February.

 

sh 929.25
targ 925
stp 932.25

edit: targ 925.5

 

Hey, I told you so, this was posted 40 points ago Tuesday after the close: