ES Journal Archive (2009 - 2010)

reshorted higher on the retest of the djt sh 33+

 

Notice Pek's BB top is above the price actions going up all along.

Unlike the classic trend sell day turning into a runaway buy in the afternoon that sits on top of the BB.

Edit: Correct way to state that is the price never really "popped" much higher than the BB top.

 

21 area bdi ,cleavage for today

 

This is an intense battle between bears and bulls.....

This could be a crucial hour - whomever wins may control the
next S&P 100 points from here.

Bears have the edge now but it can go either way.

 

Anna,
Yes it has crossed.
Before July last year I had only regular hours but with the big movements overnight during the past few months I wanted to
include overnight action in the chart.

 

BUt did NOT cross with all data in chart.

 

It cannot go either way because the double top is in place now.
The bulls are lured to buy 820 and higher.

810 will be taken out as originally planned.

 

....well... could be, but not a done deal, as yet.

 

14-16 could be a bounce.

 

You are right. Amazing buying at 20 and below.