ES Journal Archive (2009 - 2010)

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Quote from Jahajee:

Something has go to give, soon, after all this chop & slop and going nowhere, but when it does it will be a BIG move, more than 100 points. I think that move will gather momentum today... When?

Breakout above 852/854 or breakdown below 830

bad news ? good news? Something is out there and we shall see. VIX still going down, -3.01 at 42.69


I found a little odd. This week is full of economic reports and market-moving events. The market is supposed to be volatile. However, the reality is that the market is quiet in terms of intraday movement, both yesterday and today. Don't know what's the implication for this temporarily quiet behaviour of the market.

Anybody has any ideas?
 
Thank you. I was wondering if the T-bond chart was posted to indicate a halt (or reversal) in the slide of long-term bonds (TLT) from the "bubble" top, and serve as a leading indicator to a plunge in SPX? I might be going out on a limb here.

Quote from ammo:

tlt etf for bonds
 
Quote from manlycure:

Thank you. I was wondering if the T-bond chart was posted to indicate a halt (or reversal) in the slide of long-term bonds (TLT) from the "bubble" top, and serve as a leading indicator to a plunge in SPX? I might be going out on a limb here.

very true. thank you.

I watch T-bond and trade TLT often, the chart shows a reversal formation; Whether T-bond leads SPX or not is tricky, but the rally in T-bond raised the red flag in SPX, to say the least.
 
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