ES Journal Archive (2009 - 2010)

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Quote from tstones:

they might paint a N here, you never know. these MM have become artists.
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Nice call. (Close enough now, at 1047.25).

What I'd like to know is who's pushing this thing around like a rag doll today?
 
Quote from flipflopper:

Moment of truth...

Can we break the VWAP and PIVOT?!!?

I think not
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Maybe so!!!

You got me... smoked my ass out.

Cuold see more downside but I didn't like that break higher.

I'll protect my profits as this market is libel to do anything!!
 
My take:

We are still in the consolidation phase, although I could call it extreme consolidation. The cash index only dropped 6 points in 2 days since the Monday's rally ended and that is pretty much nothing. It nicely recovered from this morning's bad news and without it we would have gone probably slightly up or sideways.

So although now we are below the SMA on the daily, I still expect more upside....
 
thanks, was a wild guess. the market action today was beyond my limited understanding of it.

Quote from tomahawk:

Nice call. (Close enough now, at 1047.25).

What I'd like to know is who's pushing this thing around like a rag doll today?
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