Price action leading up to the dump at 10AM

Quote from Ivanovich:

Don't think so. This is going up up. No way the cartel lets it crash.
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thats what I said, scalpers instinct, last 20 mins buying can give a easy 50cent+ move, like just bought ROST @.75, but careful.
 
Quote from killthesunshine:

i did not see today coming. congrats on your market prescience :(
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It's pretty much the same day in and out now for two weeks. If the market starts with an up day, most of the time it's a small grind up all day on no volume at all. If there is a dip, the dip lasts until about 2PM, at which time the grind back up goes until close.

If the start is with a down move, somewhere around 10PM the down move begins to lose steam. After noon, as soon as the volume moves to vapors, expect a big jump up followed by a slow climb until close, with one or two slight adjustments down along the way.

These markets are fucking joke, but if you get the beat, then just dance to it until the beat changes, even if you hate the music.
 
WTF? I don't think so.



Quote from Ivanovich:

It's pretty much the same day in and out now for two weeks. If the market starts with an up day, most of the time it's a small grind up all day on no volume at all. If there is a dip, the dip lasts until about 2PM, at which time the grind back up goes until close.

If the start is with a down move, somewhere around 10PM the down move begins to lose steam. After noon, as soon as the volume moves to vapors, expect a big jump up followed by a slow climb until close, with one or two slight adjustments down along the way.

These markets are fucking joke, but if you get the beat, then just dance to it until the beat changes, even if you hate the music.
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Quote from trader#21:

WTF? I don't think so.
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I'm not sure, but what about my first sentence where I said TWO WEEKS was hard to understand? Your chart is Feb 3rd. Today is the 25th. How many days are in a week on your planet? :)
 
Quote from Ivanovich:

I'm not sure, but what about my first sentence where I said TWO WEEKS was hard to understand? Your chart is Feb 3rd. Today is the 25th. How many days are in a week on your planet? :)
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Alright :D BTW that day was 4th Feb
 
price action today was "normal " for selling that takes place near tops of a swing.
chart that was posted is "normal" near bottoms of swings.
 
Quote from risky63:

price action today was "normal " for selling that takes place near tops of a swing.
chart that was posted is "normal" near bottoms of swings.
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irrespective of where the market goes next few days, that is a wise statement.
 
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