ES Journal - 2015

[jimmiebarton]

The NAZ is messing with the child again today.

big gap down tues followed by big selloff. price was walked up wed beyond all reasonable expectation. gap down at open today.
i know what that tells me. what does it tell you?

BULL TRAP?

 

[Zodiac4u]

big gap down tues followed by big selloff. price was walked up wed beyond all reasonable expectation. gap down at open today.
i know what that tells me. what does it tell you?

BULL TRAP?

Agreed price was walked up but I don't do gaps my globex charts are incorporated. I did reenter my short earlier but we didn't get that follow thru so I came out with chicken feed and that is good. We may see some downward pressure if the Chinese's man made islands concern escalates. expanding into the south china seas getting close to many Asian neighbors. should be a negative on tech stocks?

 

[Zodiac4u]

The naz flipped to the weaker leader side now.

 

[jimmiebarton]

The naz flipped to the weaker leader side now.

oh, yeah



seriously, nice order selloff won't work we need a BIG red candle

 

[Buy1Sell2]

5, 15 and 60 do not agree yet. That's why no intraday traction yet to the upside.

 

[Buy1Sell2]

From a longer perspective, at this moment, this is pullback .

 

[jimmiebarton]

5, 15 and 60 do not agree yet. That's why no intraday traction yet to the upside.

longs are weak here, they had their opportunity

 

[Buy1Sell2]

As one can see, the 60 is not yet in uptrend.

 

[jimmiebarton]

As one can see, the 60 is not yet in uptrend.

aren't you long?

 

[romik]

Mixed. 30m is unconvincingly bullish IMO