ES 11-20-08

here we go!

well done...

this 788 is the 1 min 54 avg

Bruce what do you make of that volume spike at 78 level?

still holding the other!

if they can turn it here well run up for 15-20 min!

im not sure kool...they may not want to hold the low

sigh... stopped on that one at 778.50

see why im a scalper ..thats the second time i had a monster trade and only covered half for a nice gain!

bruce you still here?

if you look to the left side of your chart VO that volume spike is low compared to others that happened today...so I don't give it much attention for example the recent 84 - 87 showed more volume....85 .50 - 90 still attracting price.....I hope that helps VO

quote:

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Originally posted by VOwater

Bruce what do you make of that volume spike at 78 level?

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quote:

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Originally posted by VOwater

prestwick where did your BAV end up

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Here is how it finished VO. Notice how big money (white line) really sold hard on the break of 772-770 around 14:33? At the same time small money (brown line) started to net buy heavily. I rarely see small money's conviction outweigh the conviction of big money, ala today. Bigs look to have done some covering into the close. That 770-72 area should be watched tomorrow if we test it as it is likely that big money will try to defend the sells they started there unless some news changes the nature of the market.