ES Journal Archive (2011)

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Everybody knows today is FED's day, right?

Good luck/skill to everyone

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Up/down volume 8 to 1

TICK positive

Broad market on Risk ON mode so far

But... DOM skewing to the downside

We'll see if just a rebound or if we get a trend
 

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Quote from Picaso:


Broad market on Risk ON mode so far

But... DOM skewing to the downside

P, what is "risk on" mode? Seems like I've heard someone else say that before, but I can't recall for sure. Can you explain?
 
Quote from Picaso:

Up/down volume 8 to 1

TICK positive

May be true P, BUT we breached yesterday's high pretty handily the first time through, AND U/D ratio has been declining since open.. all selling really so far
 
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