ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Well 876 is pretty well defended so far, and it's 2pm.

Will they run it up for 2:15?

If they're gunning 888 by 3:30, I'm shorting into the close.
 
Quote from Lawrence Chan:

Don't know :p

The buying is so weak that they have to defend VWAP and 50%.
That is usually not the case if it is ADU.
More...

VWAP - volume weighted average price of the day, currently stands at 77.

50% level of RTH day range - currently at 75.75

For very strong and strong trend days, VWAP is not touched at all throughout the day.

So an up day with dips going all the way back to VWAP multiple times indicate buyers are not as aggressive.
 
Thanks for the info LC!

I don't see a VWAP indicator on Ninja (and hate the fact that it's not printing information on the current bar like volume and indicator...). Wish for a better freeware.

I the next move will be big, but since every up-move to 879 gets smacked silly, I fear that we sell-off into the close.
 
Status
Not open for further replies.
Back
Top