The ES is down tonight...AGAIN!

Quote from blowingup2012:

Ive been long the ES since 1354!

Good move... I have been stuck chasing dips and shorting divergent tops.

I kinda expected around 1352.50 as a bottom, not 1354. What screwed me up is we never had a NYSE Tick capitulation... Not even a single tick under 900 in that downtrend!!!
 
Well... The market internals are pushing.

I sure ain't shorting nothing until gap fill. :/ Either that or a downtrend... Or a drop in the tick average back to the neutral area.

You can see my most recent trade setup on this chart.
 

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Quote from blowingup2012:

I am short once again. Just cashed out from 1354 looking for new low on the day.

Curious, what level did you short? If you shorted 1363-4 you may have nailed it perfectly.

There was a giant "potential reversal" signal there in the shorter term, but in the larger picture there is a divergence forming up. See attached.
 

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Nah, not touching any shorts anywhere today here. Bid is still too strong. Can't short by my rules until at least gap fill at 1368(50% retrace), and I don't trade the last 30 minutes so it's too late.

Cyall latez...
 

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Quote from RangeTrader:

Curious, what level did you short? If you shorted 1363-4 you may have nailed it perfectly.

There was a giant "potential reversal" signal there in the shorter term, but in the larger picture there is a divergence forming up. See attached.
newbie, this dipshit blowingup has never made a profit. go read her first post, she promised to never post again after sharing her tax write off.
 
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