ES Journal Archive (2009 - 2010)

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100% agree. That's exactly the reason I will go short now.

Quote from Rickshaw Man:

Hum, lets see all indexes are above there 20,30,40,50,60,70,80,90,100,200 day moving averages. Do you think shorting is the right trade. Wait for a dip and buy. Trade in the direction of the trend. Don't try and call a top.
 
Quote from ASusilovic:

Overnight session once again dominated by players who invest a couple of hundred contracts to realize a higher open. They must be loaded with thousands of contracts which they want to dump at market open.

Here we go again?
 
does anyone have any thoughts on entry to an attempt at a long position when it starts it s move up? The expected pull back might be way too late.
 
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