Search results

Anyone see this selling off today? I'd say unlikely. Especially with NQ so strong. One scenario I see is that we continue ranging and even dip lower, but I'm pretty sure this closes above 65. Best is if we start rallying now and get this over with... :) EDIT: 2 FED speakers coming up today...

Curious about the upside today. If we can move above 63 and start ripping, I don't see why we can't go all the way back up to yesterday's close. Clearing 61/63 is very key first, though. We have not accomplished that yet and this day can still sell off... :(

Reversed off last week's open like clockwork. Who said the market isn't trading technically? :) As I'm long, I hope it's just a stall and we get continuation higher from here on the next attempt. It's early in the day, so we could still see another dip first, but best if we don't and can stay...

Where the whales at, @Master Pu? Struggling a bit to get back insde yesterday's range here. A reversal or a stall - not always easy to tell. Still in an area which could sell off for the day, but I maintain a long bias here for sure and I'm thinking we break higher eventually.

Once (if) we get back inside yesterday's range, there's the weekly open at 61 and prior week close at 63. Worth paying attention to. If we hit a bid inside yesterday's range I would think 80 is possible - once again.

ES reversed off yesterday's low here. NQ back inside yesterday's range and ripping. Let's see if ES makes it on the second attempt. Could be a reversal area. Long bias in effect as long as the Open holds.

Running stops left and right, but still holding up well here. If this catches a bid on the Open, I'd say we have a good chance of recovery, but I would use a tight stop just below the Open as this can easily turn into a sell.

Looking more and more like this can actually sell off today. The entire week so far have been multiples pushes higher which all failed.

Stopped out on that long on this push lower. May re-enter long in a bit if this swing low holds. Economic ### coming up in 23 minutes.

Dip buyers showed up. :cool: Let's see if we can find a bid above 50 now or if it's more churning going into the Open.

Haven't been around much in the US, but Las Vegas was the one city I was happy to leave after a few days. Had a good time of course, but for me it quickly got old and the temperature was a bit too high for a Norwegian. :) I think I picked up that @tiddlywinks lives in LV, so maybe you should...

Bought this dip (49). Will stop out at 45 and consider shorting this if we stay below 50. Assuming range low is holding here, although I think this dipped a bit too far. Need to see some bidding above 50 to convince me we're going higher again. Short trading day today, so will probably be happy...

The daily as discussed yesterday is now starting to look a bit toppy if we can't reverse off this 4150 level by the RTH Open. Not so sure a gap down open today will reverse higher.

Pay day for @schizo! :) Weekly low here. Will the range low hold once again or are we actually selling off here? I still see thick support below here, so unless I had an entry like Schizo, I wouldn't short this here myself.

You introduced the term in this journal, I think, so yeah. I'm gonna keep asking about them whales... :)

4180 was my target for today, but when we hit it early I started counting dollars and thinking 4200 was possible, although by my view it was unlikely (Outside Day). Unbelievably, I had a limit order at 85 that I pulled. Ridiculous. Still a green day, although it would have been greener if I...

Where the whales at, @Master Pu? Just about the same area where we failed yesterday. With 32 minutes left we need to start moving here.

Care to elaborate...? :) You have to admit I have a point, though. If levels are spaced within 5-10 point increments I don't see the purpose.

Already secured a green day on that trailing stop. Gambling 5 additional points on it becoming a very, very green day... :) But sure, greed is a factor here.

With that many levels to choose from some are bound to get hit just by chance. Might as well use the manual grid that your charting package supplies by default. :)