ES Journal - 2012

[ammo]

Quote from ammo:

add 87 offer 89/ 90

add 94 avg 87 1/8

 

[DanS]

Pretty narrow range so far. After such a big move on Friday though, some consolidation going on.

 

[DanS]

That whole number 1400 gotta be a draw.

 

[failed_trad3r]

WHY ARENT WE GOING DOWN

 

[BSAM]

Quote from DanS:

That whole number 1400 gotta be a draw.

You're right, Dan, IMO.
And at the moment ES is saying long, but in a few minutes, who knows?

 

[ammo]

http://online.wsj.com/mdc/public/page/2_3022-mflppg-moneyflow.html

 

[DanS]

What do you glean from that ammo?

 

[Wide Tailz]

Quote from failed_trad3r:

WHY ARENT WE GOING DOWN

Fractional Reserve Banking > Your Trading Career

 

[mastacoli71]

odd activity today. 5 min rth inverted U. not sure if this is related to low volume or knight fallout from t+3 settlement or maybe combo of both. regardless, we held below that trend line so good sign for shorts would be my guess.

 

[BSAM]

Quote from mastacoli71:

odd activity today. 5 min rth inverted U. not sure if this is related to low volume or knight fallout from t+3 settlement or maybe combo of both. regardless, we held below that trend line so good sign for shorts would be my guess.

That's no inverted U, Masta.
That's a frown!