Good Morning all, MY Value Area for today VAH: 76.56 POC: 76.11 VAL: 75.89 Paying attention on the VPOC at 77.76, which we haven't touch, it could be a sign of weakening
picaso, I think we have appoint you the virgin guardian. mr bochin maybe able to find some other virgins.
oh, thats right. Picaso did have quite a reputation with the ladies. ES will be running into strong resistance in about 5 points around 1122. dare i say a short term top in the stock market and perhaps crude oil is near...
We had what I consider exhaustion volume (stops already run) when we touched 78. I'd say the path of least resistance for oil now is down, but everything so far seems to be pointing up, so I'm undecided (intellectually speaking, in this case it's not fear of pulling the trigger, I simply don't see a 1 point move in either direction right now).
Right now we don't no direction at all, we have to watch out with the extremes 78.04 and 77.42, and see how it reacts to this prices. It's a chance that we could stay between this two prices.
I'm trading like sh*t today and since I've whined at my trading roomies enough already, I've decided to whine here. Thank you in advance for your secret glee