ES Journal Archive (2011)

http://www.charthub.com/images/2011/07/11/HW_ES_Daily_Volume_Profile ytd its 1301 es,shorter time frame is more accurate than 2 yr

 

These ES levels seem prime for reversal.

Once the NQ unwinds a bit further, we may get better prices on the ES or at a minimum, a pattern.

 

PA seems to be strengthening for long, but Asia being down 1-2% would be my only reservation.

 

its bouncing off of that 1311 cash nip,its small, the bounce will be small

 

Long @ 04
Target@ mid/high 20's

Stop 1293.50


Post Edited: Review target

 

This is why we tanked earlier> Someone at Merrill wants lower prices:

http://www.marketwatch.com/story/merrill-warns-of-major-global-crisis-over-italy-2011-07-12

 

maybe they are DEMTDAYBOYZ

 

Good morning traders.

Plan on going short 15 even. Six tick stop.

Expect 1300 to trade again today.

 

This is insane...for a vix at 18 to be moving 20 & 30 pts overnite...rth hasn't even begun and we may go green? a traders wet dream I guess. You can bet either way and make $$ !

 

I am not a target trader. I will just adjust my stop as we go. Saying short right now.