Dam, right at the reversal, that always happens to me. ER2 sold off pretty hard. on the ES 1343 touch. I see ascending trendline. Strong resistance above. SOX will have to go to 34 for breakout.
ER2 and NQ trendline breakout, YM/ES holding. Watching to take pullbacks if trendline in YM breaks. SOX reversal, looking for pullback and break through 33.90.
Already closed my long on ER2. looking for possible pullbacks.
big sellers???
Volume is pathetic unless your listening to the SP broadcaster in the pits that made that call.
1pm reversal....:eek:
don't let my opinion effect your trading though, I don't want to screw anyone over.
Well, we are at the top of the trendline and MA's. SMH is in a 5cent range at LOD.
Those MACD crosses always cause spikes, look to see if the trend continues. The h pattern worked, still hesitant on the top trendline for a breakout.
AAPL breaking up. Breakout or fakeout?
Note, NYSE tick above 0 almost all day and every dip has been a buy. However, we still have to wait for a possible reversal on this narrowing triangle.
Hey Young Joc,,,
We got a dub top,,,
It's going down,
11700 is support,
It's gong down,
ER2 leading down.
It's gong down,
Anyway you look at it,
It's going down.
Disclaimer: I'm not short, still waiting for confirmation.
My futures quotes are going in and out. IB has been doing this crap too much.
SMH setting up flag, NQ weakest, YM strongest. I'm not say what way I'm biased. Be aware if time of day though.
divergence in ER2/NQ compared to YM/ES. ER2 and SMH have been leading in morning. ER2 seems a little funny this morning, traders waiting for #, volume really low.