ES Journal Archive (2009 - 2010)

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Quote from ammo:

i think the up 500 day was capitulation

Looks like it doesn't it?

This reminds me of February 9th--2 days prior we run from 814-864. Monday the 9th comes along and we get a strong intra-day reversal just like this.
 
let's also not forget: a lot of fund managers are desperate to print a positive end of quarter.

i expect the buy pressure to disappear just ahead of the close of quarter and we sink into the abyss again.
 
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