ES Journal Archive (2011)

short 1166

 

It's easy: set your hourly chart RTH, then you get the gaps.

 

drip drip drip, lol.
Nicely crashing. We can all make some bucks shorting this thing I think.
Missed my chance to get in earlier, praying for a rally to short into, but not looking good. Just too weak. Everyone and their mother knows we're going down it seems... the whole of stocktwits in bearish lol.

 

Need to have a stop posted here.

 

Needed a stop posted here.

 

Vol's bread and butter, a h&s pattern, formed overnight.

If it validates, price will print 1140's minimum.

 

-Swing Trader and Position Trader-

Ultimate Support is 1125
- If we go below that level and hold that level. Then that level can be looked at as the start of a bear market.

We need to past 1156.25 for any potential black monday scenario.

1250 was the triple bottom and the Neckline for the H/S, Bulls want that level back. Today bears are in control but..

...we got Fed tomorrow (Tuesday) and anything can happen today.

 

Dow jones is going to zero
where you at volente?

 

short 1176.5
stop at 1200

 

This is a stop for a position that will be held several days or more. How long are you intending to hold?