The area at which ES stopped on Friday wasn't accidental at all.
JI
jimkane
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Posts: 33,089
Just get that new high for the move and stop boring me to death already...
JI
jimkane
Rep: 3,058
Posts: 33,089
It's taking its time, but I see the outcome as completely inevitable, in my opinion.
JI
jimkane
Rep: 3,058
Posts: 33,089
I'm just anxious to see if it causes a monster pop, or no reaction, like the last few times.
JI
jimkane
Rep: 3,058
Posts: 33,089
BTW, crude looks to me about ready, on the daily chart, to make an explosive move to the upside. Perhaps great for trading, but awful for the average person.
JI
jimkane
Rep: 3,058
Posts: 33,089
This grind is just putting me to sleep. In 'the old days' this would lead to a sharp drop in my experience. If they can even break the flow to the downside here (I can't see it) it will most assuredly kick off program buys. Just stoo-pid.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, well another what I think was a fantastic week for trading goes into the history books. See ya all Sunday night. Other than the five hour break on Monday from 10 AM to 3 PM Pacific time, the ES will be trading. It may be light, but they use that to move it, too. Regardless, I'll be there.
