Registered: Dec 2007
12-02-10 07:34 PM
Quote from killthesunshine:
Instynct and Inks, do you two trade just off proprietary technical's, i'd love to hear your random thoughts on the unfolding market activity. Just say what you think.. I do
My sentiments can change constantly as the market unfolds, so for the most part I don't want to post all kinds of viewpoints that are constantly at odds with each other. Plus it can affect my ability to processing the market with an open mind.
Today so far my bias is up all day. Look the NQ price structure during lunch time. Usually the lunch time gang will fade this to some decent support level but that wasn't case. In fact they were so weak you probably didn't even notice them earlier. Instead price moved in a side ways, slightly up fashion with the occasional strength of buyers showing their hand. Not to mention we are trading above all kinds of critical levels - Vwap, previous high etc.
ES has bullishness written all over it. Just rolling along and gobbling up any sellers it can.