ES Journal Archive (2011)

An open above 93.50 would indicate a reversal long. Decent support at a key level @ 86.75.

(if called already sum it up as confirmation contrary! )

 

There really isn't any interest to drive value from here for Americans. Europeans aren't conservative at all. In fact they don't know how to trade.

Take your money out of the market.

 

Seems like a very orderly sell off. AH low is next stop and almost tagged already. Next is previous day low. Trend sell formation is still in effect, IMHO.

Not interested in gambling with profits though, so I`m locking in some just in case we`re bottoming out

 

Good little short. Its not over.

 

Oooh theres at least a couple buyers at that hourly 100sma. lol

 

Thanks. I bailed at 1185, which might just be the retracement in this down trend. It does look a little overdone though.

I`m also coloured by my early losses and mistakes, so I had the chance to finish the day in the green and I took it

 

Catching up with the 20-EMA here around 1288. Might be a decent short entry.

While it looks overdone, it is still a trend sell day and a 30 point range projecting to yesterday`s low should not be unlikely in this environment.

 

Nice work LF.

 

Thanks

So, is the bottom in for the day or are we simply overextending the retracement a bit?

I`m entertaining the thought of a new short here.

 

Greed got the best of me.

I just sold 1188. Stop is @ 1191,50. Betting on 1180.