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Shorts are not on holiday, they are just scared of getting squeezed by the Greek debt deal on Monday.

Add 01, CXL 2, 3.

S01, offer 2, 3, 4, 5. Stop @ 15.

Almost there now.

Try drawing the trendline from the lows of Oct 2011.

Repelled by 200dma twice, will it be 3rd time lucky or is this it? :D

Breaking out of falling wedge, should be headed towards 85 at a minimum.

AAPL making a LL on the weekly and vix is still under 18, technicals getting uglier but there is still so much complacency.

Again stuck in a consolidation range, most likely waiting for continuation of the bear flag.

Yes its up 4 pts... but thats no comfort to the bulls who bought at the open or *gulp* when ES broke support at 1390. Thats good for a scalp though (but I hate scalping).

Bear flag follow thru on the daily, looks really bad for the bulls now.

They are probably referring to the bull flag from July. I don't consider such a flag formation valid because there is no follow thru i.e no breakout. The thing has been drifting lower since Sept, only consolation is that it hasn't yet broken thru the June highs (which now seems to be strong...

Maybe, but I don't like to pick bottoms, the R/R for any long is terrible now. Might make a few bucks if you get lucky but if you get it wrong....

Dax breaking down, now at 2 month lows. Euro/dollar has also punched thru 200DMA, so practically everything is under 200DMA now, not looking good for bulls.

I'm already looking at bars only, thats how I came to the conclusion that this thing is going down hard, but they got me before it went down hard. I think MUCH wider stops might be needed to trade an instrument like the ES since it backfills so much, I should be looking at weekly charts...

Hmmm yea but how would this help me? :confused:

Hide the prices? I don't get it... I got stopped out and the market went vertical after that, so I wasnt stop hunted or anything. This thing is just terribly difficult to profit from, perhaps I need to look at B1S2's strategy.

Yea I hope...

SPX now under one year trendline and 200DMA, funny how the market always does this when next to nobody is short, no wonder EMG is so adamant that 95% of traders lose. So pissed that I got stopped out of a wonderful short at 1421, now I cant bring myself to sell this at this level. :mad:

Buying is too weak to support 200DMA.