ES Journal Archive (2006 - 2008)

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Quote from BoyBrutus:

072908 was a gap day, previous close 1235. (my guess as to Salivas order :) )

We also got 071508 hod 1235.75
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Good observation. However, I was looking at the open of 072908, which is 1234.75 to be exact. As for tomorrow, I would like to think we'll touch 1230 (most likely in the premarket hours when volume is lighter than air).
 
Quote from OldTrader:

I don't see anyway in hell we revisit 55-60 today, let alone close there. Maybe tomorrow or the next day.

OldTrader
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There is extreme sentiment, but that doesn't mean we don't head lower. Just calling it how I see it. In the meantime, I still think it could happen.
 
nice study.

funny thing is shortly after you posted that the TRIN started tanking below 2.


Quote from vertigo3:

W4rl0ck,

TRIN
check Bespoke tomorrow, they sometimes run studies like that.

I Googled TRIN > 2.00 and found this study

good study, but it does not address the exact next day performance.

Here's the url

http://www.istockanalyst.com/article/viewarticle+articleid_2547553.html

there are probably plenty more out there.

BTW, a high closing trin today will only produce a strong rebound tomorrow if I do not get long tomorrow.
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depending on where we close we should get a retracement bonce tomorrow followed by a downward continuation.

They will probably credit the move based on some made up bullish news.:D
 
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