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next selling wave should make LL, to see 39, so far, looks like we are heading lower still.daytradingES wrote:BullBear52x wrote:daytradingES
You are da man.....
thanks
now to change it into dough-ray-me !
HOD
Est 2670.25
act 2671.75
diff -1.5
I am a classic charter, I see few counter trend bullish signs, today we got a positive volume, after a slight pull back I will expect another push higher a new HH from today's HOD will certainly bring more bullish color to my view. will see the day still young for that. Intraday got one more sell to go yet.daytradingES wrote:I wanted to post on the weekend but "stuff" interferred.
About two weekends ago I posted that I thought a week day on that week looked like a failure of the multiday bounce and that we were to re-visit 2603 of 29 Oct. (RTH chart does not include today -taken on the weekend).
So now that it looks as if 2671.25 has been rejected again with today we are forming a double top and should test 2603 any day now. Friday's low 2628.50 is not far off 2603 and a lowish close today would be very dis-heartening to the fund managers coming into today with such a strong up in the o/n. (+34.50) and bullish tone.
(temp1.pmg)
One thing about the estimates:BullBear52x wrote: next selling wave should make LL, to see 39, so far, looks like we are heading lower still.
last sell failed, bulls turn now.BullBear52x wrote:Cobra did it again. bulls are out in force
well done Cobra!BullBear52x wrote:Cobra did it again. bulls are out in force
OK, then I will shoot for 2681Cobra wrote:as guess it goes to the range high. I even guess a breakout is more likely, maybe need a consolidation or small pullback first.