Discussion in 'Journals' started by Buy1Sell2, Dec 23, 2016.
The bears are pushing. The bulls are pushing back. Who will give up first?
certainly due some correction...sideways or up?...we'll see
No surprise that volume on all equity futures is strong
Lets see if this attempt by bulls works. Markert still weak. If it fails i am shorting again. I am watching both Nq and es but just trading es this morn.
We're at an interesting area. This is our 6th visit here.
One would think on the 6th visit ,it may have a chance to hold. If not, it would not be real good for bull's case.
We've had the 2340 print now. There is at least a better possibility of upside legs here.
we got two bull bars (5m) in the es and a pb to the 89 sma. Same in the nq. Just waiting to see if the wedge bottoms fails and bear trend resumes. If it does i'll take a chance and short as we may get two more legs down from pb.
This stop is too close for the action today. I'll keep it though and re-evaluate if stopped out. We're at 2337 now.
im taking a scalping chance 2337 short
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