moving stop to a 2 point stop now, so stop at 1185.5
ES Journal Archive (2011)
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moving stop to a 2 point stop now, so stop at 1185.5
Investor intelligence latest data: still a heavy historical amount of bears. It will be a tall order for them to succeed for very long, it's just too crowded.
http://www.schaeffersresearch.com/streetools/market_tools/investors_intelligence.aspx
http://www.schaeffersresearch.com/streetools/market_tools/investors_intelligence.aspx
Quote from Laissez Faire:
What does the market internals tell you guys today? NYSE TICK looks weak yes?
Looks like a trend day to me, with continuation from yesterday.
NQ bounced off yesterday`s low on the first attempt. Maybe a bottom is in. I hope we`re just retracing
I think the steam should run out of any trend by 11:30-12:00 ahead of FOMC here today, if it hasn't already (11:17 eastern).
Thanks, Picaso.
Maybe, but it still looks like a trend sell day to me, respecting the trend line this far.
I may be biased because of my short, but I hope we will tag the low 80s before FOMC. Probably a monster rally from there
Maybe, but it still looks like a trend sell day to me, respecting the trend line this far.
I may be biased because of my short, but I hope we will tag the low 80s before FOMC. Probably a monster rally from there
Quote from Laissez Faire:
Thanks, Picaso.
Maybe, but it still looks like a trend sell day to me, respecting the trend line this far.
I may be biased because of my short, but I hope we will tag the low 80s before FOMC. Probably a monster rally from there
I hope so for your sake.
Keep in mind there is virtually a 99% chance ES will linger around the ema's by early afternoon.
ES finally caught up with the 20-EMA.
NQ is looking a lot stronger though and already tagged yesterday`s low. New highs in NYSE TICK.
I guess the bottom is in.
Hmmmm
NQ is looking a lot stronger though and already tagged yesterday`s low. New highs in NYSE TICK.
I guess the bottom is in.
Hmmmm
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