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MortiES' intraday comment

Written by Mortie
June 26th, 2009at 10:08 am

I would not consider a long for a daytrade until ES retraces at least to 907.50. Then I would need a reversal signal.

Categories: Markets

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  1. Placebo Placebo says:
    June 26, 2009 at 4:43 pm

    Hey HumbleDukes,
    Sorry I didn’t see your last post

    Reply
  2. HumbleDukes HumbleDukes says:
    June 26, 2009 at 4:39 pm

    test

    MV5BMTMxOTc1MzQwMF5BMl5BanBnXkFtZTcwODg3MDIyMg@@__V1__CR124,0,580,580_SS100_.jpg

    Reply
  3. Placebo Placebo says:
    June 26, 2009 at 4:19 pm

    Mortie
    Nice trade. Watching this one from the sidelines

    Reply
  4. mortie mortie says:
    June 26, 2009 at 3:39 pm

    Once the 50 MA on the 15 Min. ES pushed past 907.50 I assumed the bottom of W4 was in and took a long. The ABC pattern was complete. Still watching for the market close then hitting the road. Will do a weekend analysis tomorrow or Sunday before globex.

    Reply
  5. chaugner chaugner says:
    June 26, 2009 at 11:45 am

    Seeing the exact same thing. Taking a long at 909-912 SPX with stop at 907. This will tell us if this is an ABC or a minor 5w move to complete a Major W2.

    Reply
  6. rockybalboa rockybalboa says:
    June 26, 2009 at 10:23 am

    Thanks Mortie..

    ES is currently @ 910 right now. Appreciate your updates. Please keep them coming adn and when you can.

    Thanks

    -Rocky

    Reply

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