ES Journal Archive (2011)

Indeed.

So where is the high for today? The T-day boyz sure are buying today. Yesterday`s high looks like a given by now. I`m looking at Friday`s high as a potential target as well or at least 50+, but maybe that`s too optimistic.

 

/sells ES 1142.5 +15 half out
moving stop to b/e and keeping other half till close

 

short 45.5
stop 48.5
target 41.5

 

nq

 

es,ledge at 49, nip 52...nq and xlf at res

 

Yep. There she goes

Market looks incredibly strong today. Maybe we`ll pause here, but I`m quite sure we`ll see 53 by EOD. Let`s see if we can form any support at the previous day high area or if we bounce off it.

A late long (or even worse, an early long that got stopped out for a lousy profit), can only watch helplessly at this point

EDIT:

The previous retrace from high to low was 8 points, so I would not get excited too soon. Could still head back to 40 and then higher. As we all know or at least I do, the t-day boyz love trapping shorts

 

short 1146
25 point stop

 

uvol dvol trying to turn into trend day,tight stops on shorts here was 2/1 now 4/1...dvol flatlining

 

plan on going short 1156.00

 

Well, it was a figure of speech

I see higher Vol, so going to hold for it.

If it keeps going up might secure the stop to no loss so I can breath a little better as I wait for intended targets.

FoN