ES Journal Archive (2009 - 2010)

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Quote from ASusilovic:

1122.50 after NFP on Friday ? We must be living in Disneyland...:)

They need to keep it above 19.75 for the open. Otherwise it'd be a 3rd consecutive gap down with the first 2 being unfilled - - too easy a setup for the bulls at the open, statistically. This way there is more doubt, imho.
 
Tomahawk is correct. Or they need turn it down bellow 1100 (what will be risky because once we start slide seriously we can end few hundred points down look at may) or they should not allow third gap, because otherwise they will need push up with the tons of unwanted traders.
 
Quote from volente_00:

I have gap fill then retest 50% around 1122 then fall to 17 ?

You're probably right, this doesn't seem to have any ooomph in it. However, I don't think we go much lower than that, it seems rangy.
 
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