ES Journal Archive (2011)

[JoshDance]

Interested in how you guys are reading the sentiment. Pretty strong selling from the open but now in the last 5 minutes we have very strong buying -- seems not like simply retracement buying. Want to look short possibly, but mixed sentiment for me. Love to hear your thoughts to compare.

 

[gmst]

short 1233.5, stop 1242, target will see

 

[Picaso]

Quote from JoshDance:

Interested in how you guys are reading the sentiment. Pretty strong selling from the open but now in the last 5 minutes we have very strong buying -- seems not like simply retracement buying. Want to look short possibly, but mixed sentiment for me. Love to hear your thoughts to compare.

We were almost 20 points up from yesterday's close... market makers have to make some dough...

 

[GordonTheGekko]

Is anyone else hearing the rumor that France is getting a downgrade or negative watch today?

 

[gmst]

Quote from GordonTheGekko:

Is anyone else hearing the rumor that France is getting a downgrade or negative watch today?

whats your source please ?

 

[JoshDance]

Quote from Picaso:

We were almost 20 points up from yesterday's close... market makers have to make some dough...

you mean by taking it down?

 

[bigsnack]

Quote from JoshDance:

Interested in how you guys are reading the sentiment. Pretty strong selling from the open but now in the last 5 minutes we have very strong buying -- seems not like simply retracement buying. Want to look short possibly, but mixed sentiment for me. Love to hear your thoughts to compare.

I'm looking for a solid bounce from here Josh. I have to wait for the pieces to line up first though, but I'm looking.

 

[gmst]

Quote from gmst:

short 1233.5, stop 1242, target will see

out 33,

long 32, stop 30

 

[JoshDance]

Quote from bigsnack:

I'm looking for a solid bounce from here Josh. I have to wait for the pieces to line up first though, but I'm looking.

A long from 31s looks appealing but have not really seen the buyers come out yet except at 10:05 for those few minutes.

 

[cashcarewins]

Quote from JoshDance:

Interested in how you guys are reading the sentiment. Pretty strong selling from the open but now in the last 5 minutes we have very strong buying -- seems not like simply retracement buying. Want to look short possibly, but mixed sentiment for me. Love to hear your thoughts to compare.

Opened with a 1900 ADD after closing with -2500. I would call it pick 'em, with a strong tendency to close the gap before showing the continuing trend.