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It starts at 0, but it is based on the volume of the stocks which are trading either above or below yesterday's closing price. So as we hover around yesterday's index close, we have intertwined lines, but that is obviously not representative of the actual sentiment since 10:30am...

since 10:30 am price should tell you exactly who's leading... not data based on yesterday's close as u/d vol.

awesome! no heat feels goooood doesn't it :cool:

If 70.25 fails I will be looking to short again.

Stars did not align, and I am still flat.

Will sell 71 if the stars line up.

Good to see you B--where would you have entered long? Doesn't seem that the pullbacks are far enough for your typical entries. Maybe a long at 68, or 66.75 or 67 around 11:30 est, yes? Meanwhile I'm not so convinced we are long before a significant move down. 6 point initial balance, went...

Not quite on the cash, though maybe it's close enough. Also tempted to short 71.50, but I fear the time of day.

71s not a bad place to short, if one wants to short, IMO.

Market rejected IBL earlier, could quite possibly test outside the high here as well, and then right back in, for one of "those" days.

Ditto, but all this one is changing is his screen name right now. A change would require an admission of who he really is, use ONE screen name to demonstrate honesty with the forum readers. Back to ES... failed at yesterday's low, so buyers not that interested earlier. But now failure to...

+1

If she will retest 63-64ish, I will look to buy if the stars align.

I try to stay away from the diagonals these days.. I have developed an allergy to them .. :D In seriousness, if I see an obvious trend line I will draw it, but I have no desire to weave a tangled web of lines on my otherwise pretty chart! ;)

SPX

will short 70ish if a retest of 70.25 fails. If we drop from here, will look to short somewhere lower.

ok I'll buy that, sounds logical.

NQ down, but dow up. How do you interpret these different clues?

Well that would have been a nice +3 points or more. Anyone else feeling a bit skiddish about trading after such low volume over the holidays?

out 75.25 for + a tick, not playing with this EOD crap.