ES Journal Archive (2006 - 2008)

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Every attempt to buy the mkt up is met by selling ... panic selling.

Not the usual trading crowd too. Just like the reverse of the 2 days that marked the top.

Interesting.
 
Quote from Lawrence Chan:

Every attempt to buy the mkt up is met by selling ... panic selling.

Not the usual trading crowd too. Just like the reverse of the 2 days that marked the top.

Interesting.

The big players are obviously very worried about our new elect.
 
the mkt is waiting for the dow to hit S2 on the day before the major averages start the next leg down. ES could break into the 890's today.

The last hour of trading could be enormous with panic selling.
If the ES closes below 922 today then we should test the lows by next week. YM = 8890 if we close below it then the Dow should also test lows.

tomorrows jobs report could be the catalyst.

:cool:
 
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