The market is quite indecisive, thus a wedge is being built slowly on the dailies. A break and a new trend will eventually come, originating possibly from a false breakout.
ES Journal - 2014
- Thread starter murica
- Start date
People might mistake the early part of a bear leg with the late part of a bull leg.
Volume together with price action can give an indication of which way it will eventually break. lately higher volume days have been to the downside.
Bidding 1847.25 adding 1821 - Day
china is falling apart. Indexes propped up while darling stocks are getting hefty haircut. The pig banksters don't want to let the party/ponzi end.
Short-side models: In pre-market: Minus SPY @ 187.15. 1/4 of normal size.
Once again overnight trade is all excited about speculation and no data. How many more times until the big boys say enough is enough.
When the liquor runs out nothing will cure this hangover.
damn guys, i read ZH as my go to..some of you guys should join their writing team; you'd fit right in.
i am curious to those that are perma bears to ES/ humanity; do you actually trade with a short only bias? (this excludes ammo since he articulates his trading enough to get an answer)
i am curious to those that are perma bears to ES/ humanity; do you actually trade with a short only bias? (this excludes ammo since he articulates his trading enough to get an answer)
What is ZH?