The ER2 Trading Journal

HBL break:

 

Looking to cover the short is when the two red lines cross, it has not happened, might need another hour or two.

 

Both the ES and ER2 are bouncing off previous resistance. i think we are gonna be in a pause mode for sometime until the shoe drops. One piece of bad news and we are back to 1210 perhaps on the ES and 640 on the ER2.

The chart shows both in a box pattern over the past 5 days or so and sooner or later it will trade outside the box and establish its next short term trend. Will try and attach chart here.

 

Downtrend line breaks.

 

You're right on that. I looked at the 30 day and 60 day charts last night, I felt the same.

 

Break upside trendline, going short.

 

SHorting at 655 break?

EDIT: JUmped back higher above line, did you short?

 

Stop out on this one, zero line rejection.

 

Reshorted again at 658.8, with stop at 657.30. The bulls are getting strong.

 

Yes, I shorted, didn't take that 0.50 profit on the dip below 0 line, ended up losing 0.50 on the quick bounce. Part of the game.