Short ES @ 23.25. Stop 25.75. Target 16.
My hands are going numb from sitting on them the last two sessions!! :D Less than five points away from filling the RTH gap from yesterday.
Any time there is no QE3 announcement it seems like market sells off. The Street is always looking for a way to justify a rally/selloff.
Considered going long at 23 but ES looking kinda tired. Will wait for a short setup instead.
Here's what Big Ben had to say: http://www.federalreserve.gov/newsevents/testimony/bernanke20120607a.htm Looks like more of the same...
Ivey PMI well above forecast. Look at that rally!! :p
It's either that or the Canadian PMI number. http://www.forexfactory.com/ That should be a real market mover...LOL!! :D
We are above R1 and I have R2 around 30.75. Setting up for a fourteen point gap open. :eek:
Sorry, it was more like twenty months. Looks like your alias is showing...:eek:
This is from a poster who went 18 months without a post until two days ago. Welcome back!! :D
WTF does that mean?? :confused: :confused: :confused:
The levels for the current session:
From a trading advisory I subscribe to: "Hello Traders, Not much to say today...just like sometimes as a day-trader you may not have the set...
In case anyone was wondering why the rally: http://money.msn.com/market-news/post.aspx?post=2473256f-60ed-44fd-8e8e-360be9b59482
http://money.msn.com/technology-investment/news.aspx?feed=AP&date=20120606&id=15194229
Shorts shown no mercy today...closed on the effing high!! :(
Twenty plus point trend days are few and far between, but when they happen, you are either the hunter or hunted. :eek:
"It's not a Pyramid Scheme you idiot, it's a Buy the Dip Scheme. You feel me??"
You are short from a major level. The McD "Golden Arches" Dubya pattern should intervene and save you in the AH. I would be looking for BE...
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