For some reason the combination of both of those pictures ... it just makes me cry a little. I mean what a market. Just sit back and take a look at this daily chart of SPX. Incredible.
Have a feeling this will continue on into the new year. Won't see any real action until then. Volume will start to drop off as the year ends. Gov Sachs won't let it drop this 2009.
Have a feeling this will continue on into the new year. Won't see any real action until then. Volume will start to drop off as the year ends. Gov Sachs won't let it drop this 2009.
ReplyDeletedont forget for futures traders. New contract ESH10 (not ESZ09).
ReplyDeleteAnyone notice the huge candle sticks (both green and red) recently on the /DX? There's been a few the past few days, and all seem to be news reactive.
ReplyDeletewill address this in a sec (in the middle of a meeting now).
ReplyDeleteAlso adding some long EURUSD here ... small position and tight stop
out lol that was quick =)
ReplyDeleteshort ES here (the new one) @ 1101.25
ReplyDeleteeither failure to launch (meaning hod is in) or we bust higher.
ReplyDeletelow risk/reward
ReplyDeleteso is this a GAP fill or another failure to break out? Really would like to keep this position a bit longer heh
ReplyDeleteI guess we have our answer. FYI this was still a day trade so had a 1 pt stop on it.
ReplyDelete