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BruceM
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what's up with the YM? up only 11 pt's while Naz soars and ES up 8 .......that's abig divergence
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BruceM
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Posts: 19,895
I'd be surprised if we don't see the strength of the ES and Nq from yesterday to lead higher with this gap down open today
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CharterJoe
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2 nice thrust bars on the upside on the 30min with what looks like a premature "W" bottom on the ES....I have been buying every pullback this morning, although something feels real strange about this mornings move, I have not put my finger on it yet. I wonder if it has enough steam to last all day???? The 30 min thrust bars seem to be the the way to go for now.
So far that 905.75 is a top, I think the strange thing is that the volume really picked up at 9:50-10:10 and not 9:30.
So far that 905.75 is a top, I think the strange thing is that the volume really picked up at 9:50-10:10 and not 9:30.
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CharterJoe
Rep: 4,475
Posts: 2,352
Looks like this 913.67 Pivot has staled this run a bit took half off there stop on rest @ 902, even the stalls are in a sideways box which tells me that its attracting more buyers.
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CharterJoe
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FWIW the daily is above its 10 period SMA for the fist time we exited that tight range bound box at the highs....after being below it for 9 days.And looks like we may get a break to the upside of the mon-tues range .
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CharterJoe
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Long @ 911.25, After going up were are in a box on the 30min and its close to the minus 4
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CharterJoe
Rep: 4,475
Posts: 2,352
sad how the YM cleaned out the lows by one tick and then shot up 40points those poor suckers....Looks like I have a new indicator
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BruceM
Rep: 216,211
Posts: 19,895
until we resolve that 913 number I feel this is just range bound to lower trding