ES Journal Archive (2011)

i have a strong dislike for these rollovers as i don't trust the math used to adjust the charts, you have to look at spx and spy then subtract to come up with a number, i look at areas to begin with so this makes it even fuzzier

 

short 1251 dec

 

I exited my long quickly because of this:

http://screencast.com/t/jq7ApDKtpv8

 

back to 1242 and invalidates

point is everything is mixed here for first time, neither down nor up, more lead to up.

 

bought 42 stop 37.5 target gap fill or ~53-54 es march

 

I think yesterday's low may be calling (1244 Z)

 

added 40 stop 36

 

critical level 45 (dec). Either bounces or smashes right through.

 

long 1246, stop 1242, target 1248.5

Edit: stop 1240.5

 

add 39 stop adjust 34.25