ES Journal Archive (2006 - 2008)

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I say what we have here is a delayed ADU. We are about 30-40 minutes behind schedule, but otherwise the pattern is the same...
 
Quote from HooLee:

"All Day Up"?

Watch how this 5min triangle play out.
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thanks

i like that.:D

ok i will watch the 5min to see how this plays out?
it is my opinion that today will be just like yesterday execpt instead of down we trade up.:cool:
 
Quote from pulsescan:

what is "ADU"?
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Pulsescan, ADU= ALL DAY UP

Pekelo - did the action of the previous two days confirm your
long at the close rule?

I have to admit I was anticipating a bounce after the jobs number.

Others -- If I remember correctly Apex pointed out that for the past 6-8 reports if the market rallied prior to the report it would then sell off, or if it sold off prior to the report it would then rally.

I think he posted this about 3-6 months ago prior to the current volatility.

good trading all,
newbie
 
Quote from newbie463:

Pekelo - did the action of the previous two days confirm your
long at the close rule?
More...

After yesterday's close I did expect a decent bounce because we had a double bottom with RSI divergence.

I forgot how the action went after Wendesday's close, if I remember correctly, it didn't go up much...

Edit: Here is the delayed ADU's shortable top between 12:30-13:00, 30 minutes behind schedule... :)
(not to mention symmetrical triangle breakout)
 
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