FWIW - I see the ES trading 1100ish - but not until after we see the 1060's. Today looks like they are gunning for 88+ - maybe just people...
Disclaimer: put on your tin foil hat before reading. I can't help but wonder if the flash crash was a trial run by Al Qaeda... and the big drop...
If we get range expansion southward - I think 72-73 holds unless we get a surprise burst of volume ahead of or during lunch (If I recall this did...
1090 might stop it... it's going to take more and more volume to keep the party going... not that likely in the middle of AH. See you's guys in...
86 is trading... looks like more room on the upside.
Since emg frustrates the hell out of people here I am going to take a stab at what his method is all about. So... Let's assume that - when...
DEMTDAYBOYZ with the vicious headfake...
LOL - more proof that "they" read our board.. an anemic RS for you :) ... let's see if we can print 1090. Flat for the day now so I'm just...
In my IHS / HS world the RS shoulder can fail. NL break didn't hold so maybe we'll get a "proper" IHS if 80ish holds. Yeah I was just...
NL break - yeehaw! EDIT - they took it damn close to 77.0 - but they sure did load the tank with buy stops!
NL 83 - LS 79 - head 77 EDIT - ish :)
IHS on the 5 pointing 1090 ish
Think we have some stops above us now? :)
They tried ..... need more red paint.
So far so good... the grind is on... pretty wide range so far ...5ish handles. Wake up volume level on 5 min ES is 10K. If 77 doesn't hold...
They are painting the tape red right after a "safe" pullback to get the bears buy stops in place to finish the run up. At least that's my...
Now we get a slow grind short... maybe a couple of hours worth. In the afternoon TDAYBOYZ finish the gap closing job.
IMO - DEMTDAYBOYZ will get the green in the afternoon.
Thanks for the free $ Pek :cool:
Hey Fed! There ain't no such thing as perpetual motion.
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