Ok, so we have partial agreement on fiscal policy from the Eurozone. Sure, the markets are "up", but where is the volume ?
I am not seeing it.....
I am not seeing it.....
Eurozone agreement - but wheres the volume ?
- Thread starter billpritjr
- Start date
Have to say, I'm expecting this to reverse Sunday/Monday.
Maybe they'll pop it Sunday night to take out a few more shorts / suck in a few more longs.
ES needs to see 1225 in normal market hours IMO.
Having said that the Dow has been stuck in a 200 pt range for 7 or 8 days now. If that cracks (to the upside) we could be off to the races.
Maybe they'll pop it Sunday night to take out a few more shorts / suck in a few more longs.
ES needs to see 1225 in normal market hours IMO.
Having said that the Dow has been stuck in a 200 pt range for 7 or 8 days now. If that cracks (to the upside) we could be off to the races.
Quote from billpritjr:
Ok, so we have partial agreement on fiscal policy from the Eurozone. Sure, the markets are "up", but where is the volume ?
I am not seeing it.....
there was no volume today, that's how the market could go up so thoroughly making me lose a weeks worth of profits
last time there was volume (yesterday) markets plunged
whoever made serious money in the last 2 months with all the huge gaps and V turns must be really good
I was caught offside today also. I was short and positioned to close and reverse long somewhere in the 1230s. Unfortunately for me it never got there.
I'm holding short over the weekend because I expect a reversal but will fold if we see a close (maybe even just a trade) over Thursday's' high. That, I think, would be a big signal to get long for 1300+, maybe a run at the recent highs, whatever they were....
You never know with this market what it wants to do; the odds suggest to me consolidation and backfill, if only down to 1225, but what I want and what the market gives.......
I'm holding short over the weekend because I expect a reversal but will fold if we see a close (maybe even just a trade) over Thursday's' high. That, I think, would be a big signal to get long for 1300+, maybe a run at the recent highs, whatever they were....
You never know with this market what it wants to do; the odds suggest to me consolidation and backfill, if only down to 1225, but what I want and what the market gives.......