yea, If a breakdown will occur, it'll probably come from a hard rejection of 22, but we'll see.
As for the 114 calls, I'll prolly take profit today depending on how we close..
ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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yea, If a breakdown will occur, it'll probably come from a hard rejection of 22, but we'll see.
As for the 114 calls, I'll prolly take profit today depending on how we close..
Relatively interesting chart.
Quote from adadadog:
low volume indicates short squeeze, given sudden jump in puts today.
Actually the put call ratios are running much lower than they have been over the last couple of days according to the CBOE data - everyone buying stock, hedging with some index puts. But they are buying call options (non index) hand over fist.
See for yourself:
http://www.cboe.com/data/IntraDayVol.aspx
Pho, do u see a reversal today? I'm rly surprised by this 2pm move.
In principe no. We start to be intraday to be overbought so much higher we can not but I simple think it will oscillate somewhere here. I do not expect hard reversal there is too low volatility for it.
EUR can run approx to 1.368 until it will be overbought that way that it "must" stop. If it will turn sharp down - I think indices will not ignore it because we are overbought but simple today day has typical sign "if you were not correct at open forget about daytrading".
After my opinion it moves too slowly for daytrade.
We need fall to the 200 EMA at rangebars (1108 now) after 3 days runup but I think we will stay at R1 or above.
EUR can run approx to 1.368 until it will be overbought that way that it "must" stop. If it will turn sharp down - I think indices will not ignore it because we are overbought but simple today day has typical sign "if you were not correct at open forget about daytrading".
After my opinion it moves too slowly for daytrade.
We need fall to the 200 EMA at rangebars (1108 now) after 3 days runup but I think we will stay at R1 or above.
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