ES Journal Archive (2011)

stop @ 1209....Target@ 1220

 

going to revise myself here, will look for a triple bottom at current price floor, may **never crack this line and I want to be a buyer at the right time! so far double bottom. still short rest. action at triple if we get there will be my tell.

 

sold 12 / 12.25

lunch!

 

plan on going short 1228.00

 

nice extension. I believe a great place to get short for 1 point as well.

 

imo, when the next reversal happens in a couple of minutes, it will be testy with the bulls... make your position high, and don't trade it until you are either stopped out or reach your target... or don't go short at all/short much

 

seems to me that market has shown its hand, we are going higher, we will end the day above 1225. it was a double bottom that got formed earlier.

 

Moves up today have had less than stellar participation

http://screencast.com/t/ukZ3ZLzA5

 

In the bottom volume chart, what does grey, green and red colors represent ?

 

Not until later imo