ES Journal Archive (2009 - 2010)

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They are really trying to defend that 200 day, I wonder what happens if it doesn't hold.


EDIT: I believe someone mentioned that the low/highs of the opex week typically happens on Wednesday, let's see how true that is today
 
Quote from Eko_Trader:

They are really trying to defend that 200 day, I wonder what happens if it doesn't hold.
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I think the PPT was charged with preventing that from happening :D
 

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Quote from tortoise:

honestly now, have you found hammers and such to mean dick?
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Alone, yes, but combined with other factors it has some strengths.

Can't say I played it though.
 
Quote from Eko_Trader:

They are really trying to defend that 200 day, I wonder what happens if it doesn't hold.


EDIT: I believe someone mentioned that the low/highs of the opex week typically happens on Wednesday, let's see how true that is today
More...

The 5/6 lows need to be re-tested, IMHO. I think markets will continue to move toward that goal the remainder of the week.
 
Quote from Eko_Trader:

EDIT: I believe someone mentioned that the low/highs of the opex week typically happens on Wednesday, let's see how true that is today
More...
That's one of Vol's rules/observations, along with the T-Days.
 
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