ES Journal Archive (2011)
- Thread starter Buy1Sell2
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its on the top under the area that says buying on weakness,at the time of that post spy was 3/2 buyers in block trades,its now negative at 217buys to 220 sells.(millions in US $)....http://online.wsj.com/mdc/public/page/2_3022-mfgppl-moneyflow.html ..edit,pic ,i only pull this up when i'm confused,9 out of 10 times you don't see much,like the spy change is reflected in the dvol/uvol growing ratio so that wasn't mucj=h of a tipoff,but the aapl, the way i interperet it, is an easy way to hold up the mrkt since there were not a lot of big names to go with it,might be distribution
Still respecting an uptrend line here, although I am hoping and expecting it to break.
In the event that the daily lows are in, I think trading up to Friday`s highs should be a reasonable target by the end of day.
On the other hand, breaching the current lows may indicate that we trade down to roughly 1105. That is of course what I am betting on
As always, I`m usually early, so a lot may happen by then.
Seems like as of finishing this post, that trend line may have been broken, unless it`s a fake.
In the event that the daily lows are in, I think trading up to Friday`s highs should be a reasonable target by the end of day.
On the other hand, breaching the current lows may indicate that we trade down to roughly 1105. That is of course what I am betting on
As always, I`m usually early, so a lot may happen by then.
Seems like as of finishing this post, that trend line may have been broken, unless it`s a fake.
Taking out the risk with my stop @ 1123,25.
I`d rather get stopped and get back in if I still believe in the trade. It is after all chop hour :eek:
covered 1118, holding last one for the big dump
Back to the lows now. It might be too early. Perhaps we`ll bounce first.
I think I may be looking to take profits in the event that we do just that.
I think I may be looking to take profits in the event that we do just that.
Covered @ 1117,50.
Taking out the lows is inevitable in my opinion, but I think we may chop around for a while before that happens.
We may very much trade back up to 1125 one more time before that happens.
If not, breaching the daily lows will still provide ample opportunity to get back in after a confirmed break.
As always, my subjective opinion
We may very much trade back up to 1125 one more time before that happens.
If not, breaching the daily lows will still provide ample opportunity to get back in after a confirmed break.
As always, my subjective opinion
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