ES Journal Archive (2009 - 2010)

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that market is moving as not seen for months right now...

just seconds ago, the low of 1075 was broken... and big stops hit the market. it went straight down to 1071.75...
 
A week early but vicious under 82.


startraitor


Registered: Jan 2008
Posts: 1722


11-19-09 10:14 PM

I am not the sharpest shank in the prison but the island gap looks in play. Need some immediate continuation like early July for confirmation, then it is big time break away down, as vicious as the move up from that July low. Tomorrow's close under 1082 would set up a huge gap down Monday, stay tuned.



Quote from JamesJ:

that market is moving as not seen for months right now...

just seconds ago, the low of 1075 was broken... and big stops hit the market. it went straight down to 1071.75...
 
Markets sit on Weekly rising TLs, S&P's Daily TL is at 1065ish. But as I mentioned before that Weekly massive slant divergence calls for a substantial pullback. Make ot brake time.
 
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