could see some support around the 906 - 900 area? though we could see 898.50 today.
not looking good for bulls right now.
i see. that is a very interesting point. we will have to see what happens?
i don't know about the goog effect but this mkt is starting to look weak.
this mkt has been quite tricky lately so it will be interesting to see where we go from here? will we test the overnight highs or will we crash...
thats because the mkt has traded within its pivot all day!
yeah i can see how that is possible but it is very tough to say. the mkt has been very controlled today. not breaking out to new highs and not...
sideways mkt not giving up much of anything today. no trend. no volume. inside day.
thanks i like that.:D ok i will watch the 5min to see how this plays out? it is my opinion that today will be just like yesterday execpt...
what is "ADU"?
im not familiar with the term "POC"? are you saying that this 905 area is support? also, how do you read that chart? it would appear that...
I'll be the first to admit that i did not expect this mkt to rally today but hey today is take back friday so i guess we will see profit taking on...
*MARKET WATCH: The December S&P 500 index closed sharply lower on Thursday and below the 10-day moving average crossing at 933.39 confirming...
......or the market could continue to crash. more downside is still in the cards. we will test the lows whether we like it or not.
ok i'm back now from the doctors and wow looks like the above played out. still looking to hold my ES shorts until we break 882 -878 range....
the scenario above seems to be playing out. i have to run to the doctors now so i will check back later to survey the damage. good trading to all.
how about getting long from the S2 920 support which is now resistance?
S2 hit in the Dow. mkt could now break into new lows Dow 8600's & ES 800's by today's close if we go parabolic after 3pm today.
anything is possible.
the mkt is waiting for the dow to hit S2 on the day before the major averages start the next leg down. ES could break into the 890's today. The...
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