ES Journal Archive (2006 - 2008)

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Quote from Bigpipn:

If there isn't panic/bargain buying that suggests only one thing-- more downside to come.

Maybe there are enough investors buying short ETFs created the current stalemate situation :)
 
Quote from Lawrence Chan:

Maybe there are enough investors buying short ETFs created the current stalemate situation :)

Or b/c energy stocks are up; semis have been strong so far too.

Trade what you see now what you hope or think..

I trade u/j, e/j a/j from quote off ES 1m/5m.

:)
 
Quote from futuman:

Strange we are so close to the low of the year and there is like nothing happening. Shouldn't price move like crazy.

Not necessarily. Friday had a wide range, and because of that, all of the pivot levels today are pretty far apart from each other.

On top of that, no major news today.

On days like that, expect action to surround the daily pivot. Tomorrow should be more volatile.

As for me, I am taking off today. My circadian rhythm is still off because of the time change, and, besides, it is a nice day.
 
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