According to my read: The prints are validating the down move. I went back to Jun 09 and re-rolled the tape. There was a complete failure of longs...
Jeezzzz man! Am I reading this right? Short Entry at 1948.50; SL 1500.00; and TGT 1942.00? To me, based on the action today, the longs have once...
Looks like "window dressing" to me: Friday .... dramatic move after cash close! Let see what Monday has for us! All the best!
But it is not "strong" from an orderflow sense though. There is no assertive buying that is going on -- which, in my opinion, indicates lack of...
Regular Trading Hours; 8:30 CST for ES.
Tomorrow for ES: Expecting a lower RTH open followed by a test of 39.25. If it holds expecting a sell-off. All the best!
OTCkrak: I understand a lot of people look at fundamentals. I used to work at a prop. desk of a major player (pre. tarp) where the desk's mandate...
The buyers are aware that the buying is weak. The sellers haven't showed up yet, but I expect them to show up. If they do, this could be the high...
Cool: There is weakness in the background. Just be attuned to that.
Thank you for watching the "show", ladies and gents!
One has to wait for the "show" to end before leaving. Otherwise, it is considered rude! Also, the show's climax is the best part! :) All the best!
According to my read, the morning test of yesterday's test point failed to bring in buyers. From there on the "show" began! All the best!
cool: We were talking about "window dressing" yesterday. Watch the show today! :) [edit: It has already begun] All the best!
I trade intra-day; I don't carry overnight positions.
Someone mentioned here that markets are good "stop hunters"; just be aware that markets are good "ego hunters" too. All the best!
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