notice how sentiment shift... was done in just 1 day.. now people are looking to get long.. the market.. the MM's can distribute at the highs the quantities used to push the market up...through the stops.. the MM's have no choice but to play games like this. When the market is heavily short/on retail end. The MM's are the bagholders. So they had little choice but to propel the market higher, forcing retail to cover at BE or loss on short positions. Now retail is looking to get long, and MM's can freely distribute with minimal slippage. essentially forcing retail to buy the highs and sell lows. We aren't even in the grips of winter yet. The economy and bond market signaling... slow growth...sure.. excellent conditions for profit growth, the underlying basis of the equity market(sarcasm). fucking talking heads..telling public to buy this dogshit. How do trading divisions of investment banks make money?...by stealing your money. so they basically act like specialists, privy to information.
ES+NQ consolidating near highs. Seems pretty strong to me. Long if NQ>2108 target still 2125/33 Stop if 2103 Edit Filled 2108 Stop 2103
if you want to get an idea how the world operates from historical examples.. take a look at these videos. http://www.youtube.com/results?search_query=money+masters&search=Search its a corrupted system. These people wont be on the FORBES list, and this is to avoid public scrutiny of the size of wealth, so they wont be hunted down during the next revolution similar to what happened during the Russian Revolution.
this 15 min bar should close strong... then the next 15min bar is critical.. if they can pull of a bearish hammer bar into new highs will be looking to get short for the rest of the day. If not ill be on sidelines...