i say we test the 10 day low. then maybe we might bounce from there. at this point in time i don't think so. this mkt will remain oversold for the...
the only question now is will it hold?
I'd add the use of ETF's as well. SPY & SDS can be used in lieu of ES. I like them for timing purposes and the fact that they are more effecient...
ES @ 899 has now erased ALL of Monday's gains. The Bear is back..........actually he never left the room.:D
The above that you mentioned are acceptable trading styles and methods. Who care which style a trader adopts as long as they are successful? I...
yup i noticed that too. but i don't think the gap is quite closed just yet?
thanks. those are good points to consider.
very interesting point you raise. care to elaborate?
You know that it is sad when we say that a 500+ down day is not "sold off en masse". Oh the good ol days.
I don't see it?
at this rate I don't think this mkt is coming back. I got stopped out on my long but I cashed in on my short. This late in the day that should...
Now is the mkts last chance to rally back up to 970 by the close.
agreed.
Nah, I like to look for momentum to bail me out. not so today. I don't play with knifes. If I miss the short i.e. the mkt gaps down on me then...
932.50 is the next stop. However this probably won't be hit until tomorrow as the NQ is now moving sideways on the 60min chart. ES & YM are trying...
looks like you might be right.
right now the "CASH" is leading the decline in ES.
ES @ 865.25 is inplay.
ES 872 could be in play as early as tomorrow.
This is NOT a bull market. ES is still trading well below the 200ma on all major timeframes. Market will collapse as soon as all the talking heads...
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