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#11 Rogerdodger

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Posted 03 August 2009 - 09:35 AM

Bingo! October and November rallied up to here then turned back.

#12 redfoliage2

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Posted 03 August 2009 - 09:41 AM

Added equal volume of ES short at 997.5

#13 eminimee

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Posted 03 August 2009 - 09:44 AM

Bingo!

October and November rallied up to here then turned back.


My thoughts...as long as we don't close over 1011 spx ish...the play is short to at least 950/960 spx...with a chance we could see a key MONTHLY reversal ..which means taking out 872 this month..
warywary short term...I'd still like to see 1001/1005 ES with a reversal

#14 Rogerdodger

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Posted 03 August 2009 - 09:50 AM

Bingo!

October and November rallied up to here then turned back.


My thoughts...as long as we don't close over 1011 spx ish...the play is short to at least 950/960 spx...with a chance we could see a key MONTHLY reversal ..which means taking out 872 this month..
warywary short term...I'd still like to see 1001/1005 ES with a reversal


The VIX keeps rising as does price. (For a week now)
That's a red flag to me.
But the line to short here is long. :huh:

Edited by Rogerdodger, 03 August 2009 - 09:54 AM.


#15 eminimee

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Posted 03 August 2009 - 09:56 AM

[/quote]

The VIX keeps rising as does price. (For a week now)
That's a red flag to me.
But the line to short here is long. :huh:
[/quote]

Very true..Oh...did you say "short" or "snort"?

[img]http://tbn1.google.com/images?q=tbn:XKYV1IaVvptwfM:http://upload.wikimedia.org/wikipedia/commons/9/92/Cocaine_lines_2.jpg[/img]

Edited by eminimee, 03 August 2009 - 09:57 AM.


#16 Rogerdodger

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Posted 03 August 2009 - 10:00 AM

ES may want a little throwover above 1001


1001.78 Nice. ;)

#17 porsche911sg

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Posted 03 August 2009 - 10:06 AM

Added equal volume of ES short at 997.5


Re short at 998.75....

We might see a key reversal day today. That what the patterns tells me. But i'll stop out at 996.25.
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!

#18 porsche911sg

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Posted 03 August 2009 - 10:08 AM

ES may want a little throwover above 1001


How did you managed to get this one right?... I had to watch the movement?
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!

#19 redfoliage2

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Posted 03 August 2009 - 10:11 AM

ES may want a little throwover above 1001


How did you managed to get this one right?... I had to watch the movement?

We have already seen the HOD, whatever it was. The question is how low it will crap out today?

Edited by redfoliage2, 03 August 2009 - 10:12 AM.


#20 eminimee

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Posted 03 August 2009 - 10:13 AM

As long as we hold 988.75/992 ES...we still might need another high..

Edited by eminimee, 03 August 2009 - 10:18 AM.