ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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Somebody has just PMed me about Metastock. It has just given a SELL signal and yes, I would have missed it. As mentioned earlier this is a longer term signal usually with a 90% correctness ratio. The last 12 signals worked out very well, so maybe it is due to a miss... It is a dollar play, not technicals....
Mkt top cannot happen until after proper retest of highs or resistance zone.
Ooops, there is no retest for Dow nor NDX ...
For any bearish setup to work out, NDX and Dow must hit their respective resistance zones and sell off first.
Dow is at such level.
NDX is around 1800, the absolute last line of defense for the longer term bearish scenario.
i.e. we either get a turn here and now, and start a sell off, or, rally all the way to year end. =)
Dow is at such level.
NDX is around 1800, the absolute last line of defense for the longer term bearish scenario.
i.e. we either get a turn here and now, and start a sell off, or, rally all the way to year end. =)
Typical Wall Street "psycho-schyzophrenic" there is no tomorrow bullshit pricing behavior...
shoulda, woulda, coulda; anyway interesting morningThere is a clue ... EURUSD does not even touch 1.5 at all.
The trap is now built. =P
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