about 100k of ES traded last 10 mins from my screen...
big volume bars coming in on ES
Started by
dcengr
, Mar 05 2010 02:51 PM
8 replies to this topic
#1
dcengr
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Posted 05 March 2010 - 02:51 PM
Qui custodiet ipsos custodes?
#2
tommyt
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Posted 05 March 2010 - 02:56 PM
about 100k of ES traded last 10 mins from my screen...
with virtually no pullbacks all day, they are covering early/buying, so they don't have to at higher prices in an hour. They all know Monday Mania coming again.
#3
dcengr
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Posted 05 March 2010 - 02:59 PM
I don't know about monday mania, but I would characterize this as buying panic en mass. Sort of the inverse of what we had at the feb bottom.
For ST, I think this is bearish, but IT, its hard to tell.
Qui custodiet ipsos custodes?
#4
jjc
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Posted 05 March 2010 - 03:09 PM
I don't know about monday mania, but I would characterize this as buying panic en mass. Sort of the inverse of what we had at the feb bottom.
For ST, I think this is bearish, but IT, its hard to tell.
Double top on monday is likely. 11 more pts up by my count. I don't know how long the double top will persist but we should
pull back on monday afternoon.
#5
dcengr
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Posted 05 March 2010 - 03:11 PM
Funny that RUT hit 666...
Qui custodiet ipsos custodes?
#6
babs
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Posted 05 March 2010 - 03:13 PM
Trin at .39 and Vix down 7.7% and Spx up 6 days in a row.
Long and strong or get out of Dodge?
#7
arbman
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Posted 05 March 2010 - 03:16 PM
I agree this is the inverse of Feb bottom now... I would not initiate any longs here, I am completely flat. It was a trend day, but by my metrics, this should follow by a decent pull back. Monday will probably test 1140s though first...
#8
tommyt
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Posted 05 March 2010 - 03:29 PM
about 100k of ES traded last 10 mins from my screen...
good observation DC...a bunch of very ST bear divergences formed after that buy volume spike.
#9
Trendy
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Posted 05 March 2010 - 03:55 PM
about 100k of ES traded last 10 mins from my screen...
good observation DC...a bunch of very ST bear divergences formed after that buy volume spike.
bulls won't like this but I had a test of the intraday low signal at the morning high. Since its not testing today, the signal carries over into hour 1 of Monday.
