ES Journal Archive (2011)

I think it's pretty obvious by now what side smart money is trading.

Calling tops in uptrends is suicidal.

 

dow .. will cover if wrong

 

88 avg,cover 1/4 86

 

Limit sell order filled @ 1286. Stop @ 1288.

I did not wait for 1285 to be tested, but I feel confident in a short now.

 

Still short at 1282.50, target is 1278

 

84.5 on 2/3 of remaining on cleavage fill

 

When price stalled, I got scared and covered @ 1284. + 2 points on the trade.

I might look to re-enter a short if price does not retrace above 1285.

 

sh 88 avg add 86 avg 87 flat 86

 

dtx pouring on some EOD strength. usually shows a strong open and looky dere...it's a TDAY too.

Nervous shorts possibly covering have me flat into EOD.

 

What is with this holiday volume?