well I've been up for 8 hours already, and am ready for a post lunch nap - ! not sure if were gonna see this gap trade - I would have expected to have visited by now - currently looking for longs down south
one more at 9746. that's as much as i'm putting on the line today, took an hour to break 100k ES volume.
Short ES 1046.25 There is a divergence between NASDAQ and Dow right now, which suggests the market might reverse direction. I over slept this morning as well. Do you guys know what ES's opening price was today? Thanks.
The theory is, if Dow is more bullish than Nasdaq when going up, both markets will go down. Usually Dow follows (and lags) Nasdaq. Of course, this is only a general theory which may not always hold.