http://www.charthub.com/images/2010/01/15/YTD_ES_MP which could easily woosh us down to 1108, the ppt is the big cog here, if bernanke is voted in or out on fri, the woosh to 1108 may help keep him in out of fear for the worst
http://www.charthub.com/images/2010/01/15/YTD_ES_MP which could easily woosh us down to 1108, the ppt is the big cog here, if bernanke is voted in or out on fri, the woosh to 1108 may help keep him in out of fear for the worst
One desk alone is not able to work that precisely. Take a look at the 5 min SMA.... There is some form of "teamwork" going on in this market for more than a year !
Ammo, did you notice the W double bottom? It works well intraday too.
It is actually surprising how predictable this market is sometimes, I keep thinking it will throw in a curve ball and do something different, but it hasnât happened so far.