End of month window dressing. I found it strange how strong mkts were today yet many stocks in my quote window were red throughout day. We will see how it closes.
Media will pawn it off as profit taking if we close red.
ES Journal - 2014
- Thread starter murica
- Start date
End of month window dressing. I found it strange how strong mkts were today yet many stocks in my quote window were red throughout day. We will see how it closes.
Media will pawn it off as profit taking if we close red.
With the exception of myself and probably few others around here, majority people were bullish. How could lack of buyers be the reason?
I heard a rumour that there were some people who don't post on elitetrader who also trade the ES....
hehe. Don't worry. They won't let us drop too much. Fed for the win
Note that I didn't say "lack of longs." Many people can be long, but if you don't have new buyers piling in, you get a selloff. Like this afternoon's.
TO. THE. TICK.
Nicely done!
It's always nice when that happens --to say the least, not often...
Russia going into Ukraine.
Insofar as price action is concerned, assume nothing.
Not making assumptions but if that 20 pt move of highs late Fri was any indication.