ES Journal - 2012

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Quote from JoshDance:

Are you saying it's not already a trend day?

LOL! This may turn out to not have any significant pullback whatsoever. Normally I would expect at least some for of 50% retracement, but not even close today.

There was a resting 4000 lot on the bid somewhere around 99's a while back. I am always wary when there is a big standing order like that.
 
Quote from JoshDance:

Are you saying it's not already a trend day?
we all have beliefs in our mind,true or not,mine is that one of those has to be flatlining and the dvol started flatlining there
 
Quote from bigsnack:

LOL! This may turn out to not have any significant pullback whatsoever. Normally I would expect at least some for of 50% retracement, but not even close today.

There was a resting 4000 lot on the bid somewhere around 99's a while back. I am always wary when there is a big standing order like that.

agreed. the atr5 is 13 so the move should be coming to a close. But...the buying doesn't seem to have an end in sight.
 
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