Short DAX at 7740

Some observations to ES "tactics" :

take a look at 5 min chart...812.75 broken...2000 lot sell order..."coincidentely"...

 

Some algo must be written with one code line :

if ES sell vol > 2000 then buy market order 5000 lots.

End of story.

 

that's what I call a strong rejection

 

Ha, ha, ha...seems, somebody heard me...3800 lot buys from 812.00 to 816.75...too funny...

 

that was more than violent

 

excellent, so true, or as a matter of fact a Nomura

 

funny how pumping up the US futures becomes more difficult with the US waking up....

 

today I don't think ES is pumped up since its Europe that takes the lead. The way Dax trades makes me think we could see major rally today in US.
But since I expect a short drop at open I covered my dax long for a nice 100p gain. Will reopen later and also take a long position in ES.

good luck

 

target 4339