If down trend continues, sure.
Interesting that upgap not filled + upside breakout failed to materialize a melt up. Buyers are just not there any more, unlike the 820, 840, 860 buying.
ES Journal Archive (2006 - 2008)
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If down trend continues, sure.
Interesting that upgap not filled + upside breakout failed to materialize a melt up. Buyers are just not there any more, unlike the 820, 840, 860 buying.
894-895 should give it another boost to 900+ to test the wind area again. as lc said earlier, longer timeframes are looking toppy, would need a hard break of 4.50 to change my mind on that .
Despite the valiant, albeit sneaky, attempt made by the bulls in the AH, it looks like they're losing the battle. What a pity, all that gain for nothing!Quote from saliva:
I'm here to stay, otherwise B/E (917.75). I think I've been contaminated by B1S2.
Seriously, as of today, this market is toast IMHO.
Expiration is next week this could just be a pullback before move up to close where there is a great deal of OI on the S&P. In that case between 880 and 870 should be a decent buy.
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