NQ is in the process of filling it`s gap.
Might not be a good time to short yet.
Might not be a good time to short yet.
ES Journal Archive (2011)
- Thread starter Buy1Sell2
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Quote from Laissez Faire:
I`m afraid I don`t understand
1313 held.
Gunning for the gap above @ 1320? Or just a fake breakout?
Hmmmm....
1317.5 is 50%
As long as this holds bears remain in control
Are you including ETH in your calculations?
I use only cash open/close and I`m looking at 1313 as 50%, which did hold up.
NQ gap fill complete.
Let`s see if ES reverses now.
Let`s see if ES reverses now.
central bank prop job still in effect. This is forcing fund managers to buy into the market fueling the rise.
This will end in an awful way, just like it always does when the central banks intervene in the markets. Everything is artificial, nothing organic.
This will end in an awful way, just like it always does when the central banks intervene in the markets. Everything is artificial, nothing organic.
The buying interest slowed down here. Indecision. Similar action in the other indices.
Going into lunch hours now, so maybe it will be a slow grind for a while.
I might be planning to go long @ 1300, but I may wait until the time is just right to do so
Going into lunch hours now, so maybe it will be a slow grind for a while.
I might be planning to go long @ 1300, but I may wait until the time is just right to do so
As I wrote in my last post
Including yesterday`s RTH hours, the trend is still up. but the 1316 area appears to be resistance. Looking only at today, it looks more range bound.
It does look like the market may be setting up for a break above 1316 to fill the gap @ 1320.
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