ES Journal - 2013

So far no real buyers above SPX 90 which is near ETH ES VWAP a 84.50.

NQ ETH VWAP at 3215 or roughly NDX 3220.

 

I show RTH ES VWAP at 83 versus ETH at 85.50.

 

out of long and now short 1583.25, stop 94

 

1683

 

I think going long anywhere btwn 84-86 is way too risky. Looking at higher time frames, they are all diverging pattern wise long and short.

The 30 min looks like its setting up for a nice move down if we can hold this level w/o breaking 86 for the next 30 mins or so. But the 4 hr looks as if a nice afternoo push is in store if the next hour reminds at this level. Hmmm. Sitting on hands

 

It is architecturing the bull trap for more lower lows next week

 

this is a normal down day uvol dvol,no flat line to to denote a trend day

 

one year has us working that 82-96 nip

 

nq been strong today

 

6 mo says we could still tag 86 but our 92 res is being tampered with tested