So another 40 points lower from 1166 before the week is over. Yikes!!
Btw, what's the limit down for ES on tonight's session?
ES Journal Archive (2011)
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So another 40 points lower from 1166 before the week is over. Yikes!!
Btw, what's the limit down for ES on tonight's session?
If you read the statement from ECB / G7, it is clear that upon chaos in financial mkts happen, they will act.
Without one, they have no excuse to print more money
I suppose they will make it happen.
Under a stop of 1140? I have a hard time with TOS to find gaps on daily charts - I haven't figured it out. Since dailys include overnight sessions which kind of makes gap hunting hard. Probably there is an extremely simple way to make an adjustment on TOS to find the gaps on daily - Maybe easier on Prophet (TOS).
60 pts for limit down.
They have been defending -30 pts since AH open.
There is no coincidence here.
They have been defending -30 pts since AH open.
There is no coincidence here.
Quote from Lawrence Chan:
If you read the statement from ECB / G7, it is clear that upon chaos in financial mkts happen, they will act.
Without one, they have no excuse to print more money
I suppose they will make it happen.
Well I feel a whole lot better now, hehe.
2 lot long add sitting at 1157.25
I suppose below 50 would be enough to make headlines and giving excuses to the authorities to calm the mkts.
You might be right Lawrence. Do you think the market has entered a bear phase, or do we have to fall under a certain level to confirm it?
Not a long term trader thus I do not have an answer for that.
I lean on price patterns and breadth to daytrade only. =)
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