ES Journal Archive (2009 - 2010)

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Yep right above the previous pivot (EUR/USD).

This could go either way (Indexes). Although the downside potential is bigger than the upside IMO.
 
Quote from [Proximo]:

Goldman algorithm for today.

Has everyone covered their shorts from the morning?

If yes ----> crash market down into close.

If no ----> melt the market up into the close

:-}
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Exactly. GS and others who dominate this market (if anybody else, at this point) need counterparts. So, normally they go against the biggest amount of volume they can find.

it would be very useful to know what were the days that GS lost in the market in the last 2 quarters... that could be revealing
 
I think Dow 10k may be important for the close today. On the macro front, we're starting to move into the timeframe where they need to make the end of year look nice and pretty.
 
It's pretty obvious that this market wants the 1075-76. The pressure is and willl remain up until that is achieved.

This cannot be accomplished today because the technicals dont allow it but on Monday thru Wednesday we should be there without much trouble.
 
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