Yes. Selling is not broad based. ES is constrained in 2284--2294 10 points area now.
Al_Dente wrote:NY declining stocks = 1.4 x advancing stocks (selling is narrow not broad based)
NY declining volume = 2.0 x advancing volume (a lot of selling volume is going into a few issues)
austinjoe wrote:Yes. Selling is not broad based. ES is constrained in 2284--2294 10 points area now.
Al_Dente wrote:NY declining stocks = 1.4 x advancing stocks (selling is narrow not broad based)
NY declining volume = 2.0 x advancing volume (a lot of selling volume is going into a few issues)
(can change quickly)
hey who are you? welcome to the board
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
austinjoe wrote:Hi BB52, what is the MACD set up for your 5min Heikin-Ashi chart? Thx!
BullBear52x wrote:MACD alert, I am big fan of MACD. short term 5 min. if we have MACD rejection (my made up term) here, it's more bearish than the normal bearish crossed, vise versa on the positive side.
ECB'S WEIDMANN ASKED ABOUT WHETHER ECB SHOULD TAKE FOOT OFF PEDAL REGARDING EXPANSIVE MONETARY POLICY AND RAISE INTEREST RATES, SAYS ONCE ECONOMIC UPSWING IS ESTABLISHED AND RISE IN INFLATION IS NO LONGER JUST TEMPORARY, WE MUST TALK ABOUT THAT
Oil traders on twitter saying if we break 50 (that would be tomorrow's inventory report) the trend line at 44 should be tested.
It is like everybody knows that the lions (big trading houses) are about to make a kill (Hedge Fund herd) and of us little scavengers (jackals, vultures, what ever) are getting ready to grab a little of the action. You can see the leaders of the herd getting into defensive positions by watching the news flow from the producer country oil ministries. It truly is an epic game.