ES Journal Archive (2011)

Plot the 50 and 200 MA on that bad boy.

 

50 and 200 ma

 

buying 70-71


stop is 57


Target is 90





Edit

scaling in with orders at



70


68

66

and 64

 

nice bounce off 66,but we are likely to see 58-60

 

L 72.50
T 89

Looks like the big liquidator that's been driving this market down might be done.

 

Japan was on break, open again now

 

es ...... ledges are less powerful supp/res, usually dont hold in strong momentum

 

Once the contagion is over, there'll be one hell of buying opportunity.

 

sh 6.50

 

Nikkei must have a circuit breaker. It's down exactly 1000 pts since it opened.