ES Journal - 2014

No opinion just trying to figure what is doing what and why.

NQ gapped up but ES and YM did not, why?

 

what drives nq that doesnt drive spx , aapl,goog etc

 

Because GOOG, AAPL being used to prop up the entire market. So what does that tell you?

 

I can't think of any reason what would be the advantage to using them to prop up this market..are they being used to lead the broader market s higher??

 

You've got it.

 

Thought the market was gonna surprise us and break that 1844 level with strength at the open due to the continual retest of that area. Was hoping to catch a quick move!


Now we have a divergent move up. Cheers to some strong downside action. I'm like a bipolar kid !

 

trans at res possibly..edit on that chart thats an all time line connecting 1929 and 1998

 

long 1839.25 stop1837.50 target 1841.75

 

stopped out in 20 secs that's got to be a record

 

trendline is 36

hold of it rtm back to 42

risk 2 to gain 6