ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Is 825 close enough to 820 or are we setting it up to go further down before going up for OE? 865 seems like a decent resistance on the 60min chart.
 
Had a look at Daily charts of HSI, NIKKEI, FTSE, DAX, SPX, INDU, NAS & whilst all are trading near the lows & we had that lovely jubbly bounce in the afternoon I see histogram declined on most of them all the way to the centreline. I sense a sell-off taking us right through current support zones to new lows. Weekly & Monthly are bearish across the board, now Daily chart's histogram is bound to send a message of unity - sell!!! :( (ImPO)

I am Long Gold & Crude at the moment.
 
Quote from JSSPMK:

Had a look at Daily charts of HSI, NIKKEI, FTSE, DAX, SPX, INDU, NAS & whilst all are trading near the lows & we had that lovely jubbly bounce in the afternoon I see histogram declined on most of them all the way to the centreline. I sense a sell-off taking us right through current support zones to new lows. Weekly & Monthly are bearish across the board, now Daily chart's histogram is bound to send a message of unity - sell!!! :( (ImPO)

I am Long Gold & Crude at the moment.
More...

There are things that MM firms can do (like doing buy programs on last hour), and things they cannot control (like the outcome of big 3 bailout talk, fed minute release tomorrow).

The latter one will be the key.
 
Hello, i noticed you did not update your thread of support/Resistance blog for the 18th. Please disregard if you are not the one that does that.

Ii find it real helpful and was wondering what happened.
 
Status
Not open for further replies.
Back
Top