Still 2 hrs to go into the weekend. Very possible given level we r testing.
ES Journal - 2014
- Thread starter murica
- Start date
Still 2 hrs to go into the weekend. Very possible given level we r testing.
Out here at 163.47 for +40 cents
This down move today was a bit of a gift to the BTFD'ers I'm betting on a bit of EOM window dressing ( UP) at least for Mon and Tues...the overall market just isn't scared enough. It will take several down days to really bring out the bears. Having said that it was a stunning reversal on Thurs...BUT at the end of the day we were down just a couple of pts..no big deal.
Need that 3rd day down before reversing is my opinion so I am thinking Monday will still pressure the gap and then EOM comes in Tues and Wed. 1st day of month 401k money and then sell in May go away takes over. Should be quite a ride in May.
Fed meeting Wed and NFP Fri.
If we close around 60 we will have been up 10 and down 15...wheeeeeeeeeee
Someone suggested to me to start a journal instead of posting here. I plan to test the idea by publishing in real time at: realtimetrades.blogspot.com