last wed/thur we were waiting for a nfp number,now we are contemplating the meaning of another bad bond auction,normally the market would sell off on such news but the fear is high for shorts,they pumped everyone with the 1200 numberQuote from FattBurger:
Look at the volume might as well close. Last week around 1:30cst it would dip pretty hard then roar back. It did this Wednesday and Thursday.
we now have a second ledge at 81 , so the battle is the 81 or better bid and the 84 or lower offer, feels like summer trading so far.... edit...if we drop that lower nip from fri morn at 74, todays low is support ,then the thur nip at 71 and then the 61 nip belowQuote from ammo:
the es is making a ledge on the market profile , a working seller at 84 or below,if they take him out , we go higher, most of the time when u draw that picture or shape , thats the case .....edit , lowering my 87 offer to 86.5