ES Journal - 2013

The boat is tilted yet no blowoff top. The upper trendline is holding strong. Without any catalyst, path of least resistance is down. Imagine if an ap rumor like last were true. Buying algos would disappear. Nobody now wants to believe that market will ever make decent size pullback. Just saying.
 
Quote from Visaria:

I reckon 1540 is on the cards, but i am not short, wasn't around today and missed the sell off. Don't know where to short it here.
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short at 1581.25
 
We are in a big vacuum ahead of job numbers now. Could rally or tank 10 handles in a few heartbeats. Algos chasing algos.

Quote from Visaria:

anyone know why it just sold off like crazy?
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yesterdays early fomc to stop a selloff,todays ecb rate cut,dragis comments that they are prepared to go negative rates,sounds like there is a possibility that the kings with no clothes have caught a glimpse of the mirror,struggling to push it higher, they always win, will they this time
 
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