All those who think....
#1
Posted 23 July 2007 - 12:16 PM
#2
Posted 23 July 2007 - 12:22 PM
....the markets will close in green today, please raise your hands
I'll play. I think they will finsh green, but in reality nobody cares what I think anyway.
I am long from late in the end day Friday. Now with stops to get some profit. Friday was a short term cycle low for me.
Edited by hawkeyefan, 23 July 2007 - 12:26 PM.
#3
Posted 23 July 2007 - 12:23 PM
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#4
Posted 23 July 2007 - 12:27 PM
#5
Posted 23 July 2007 - 12:28 PM
....the markets will close in green today, please raise your hands
I went long this morning Nav after closing the rest of my shorts from Friday...but I find ES's inability to break through the TL connecting the previous tops of the past week a bit disheartening. I just shorted 1 es @ 1553, looking to add more if it begins to break down. I cant imagine the market reversing all it's gains ... but now that you have brought up the question, what are you seeing? Clearly you are seeing trouble ahead.
#6
Posted 23 July 2007 - 12:30 PM
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#7
Posted 23 July 2007 - 12:33 PM
#8
Posted 23 July 2007 - 12:38 PM
....the markets will close in green today, please raise your hands
I went long this morning Nav after closing the rest of my shorts from Friday...but I find ES's inability to break through the TL connecting the previous tops of the past week a bit disheartening. I just shorted 1 es @ 1553, looking to add more if it begins to break down. I cant imagine the market reversing all it's gains ... but now that you have brought up the question, what are you seeing? Clearly you are seeing trouble ahead.
rkd80,
I maybe wrong. But my hourly indicators are saying that the hourly swing bottom is in. A break below ES 1547.50 on a hourly closing basis is now required to get bearish. Otherwise, new recovery highs are dead ahead. As for not breaking the trendlines, that's how this games is played. Rally in the morning and get close to the resistance. Show weakness around the resistance during the lazy hours (12:00 Est - 2:00 Est), suck in the shorts and breakout in the post-lunch session. I ain't disheartened yet
Edited by NAV, 23 July 2007 - 12:39 PM.
#9
Posted 23 July 2007 - 12:45 PM
....the markets will close in green today, please raise your hands
I went long this morning Nav after closing the rest of my shorts from Friday...but I find ES's inability to break through the TL connecting the previous tops of the past week a bit disheartening. I just shorted 1 es @ 1553, looking to add more if it begins to break down. I cant imagine the market reversing all it's gains ... but now that you have brought up the question, what are you seeing? Clearly you are seeing trouble ahead.
rkd80,
I maybe wrong. But my hourly indicators are saying that the hourly swing bottom is in. A break below ES 1547.50 on a hourly closing basis is now required to get bearish. Otherwise, new recovery highs are dead ahead. As for not breaking the trendlines, that's how this games is played. Rally in the morning and get close to the resistance. Show weakness around the resistance during the lazy hours (12:00 Est - 2:00 Est), suck in the shorts and breakout in the post-lunch session. I ain't disheartened yet
#10
Posted 23 July 2007 - 12:49 PM