might be another push up before a little bit bigger pullback is possible.
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What a typical day so far. Unexpected shot of adrenaline courtesy of rapid move in Yen this morning followed by choppy drift. Looking like a slow drop into the close leaving tomorrow for the big question, are the bears still out there?
Trades with cats wrote:What a typical day so far. Unexpected shot of adrenaline courtesy of rapid move in Yen this morning followed by choppy drift. Looking like a slow drop into the close leaving tomorrow for the big question, are the bears still out there?
ES three lower lows this afternoon, just waiting to take out the 12:20 which will put it right on top of VWAP, so the sell into the close set up is definitely in place, just waiting to see if there is any execution.
Sears Canada filing on top of all the other earnings downgrades has to hurt. I think it was Goldman a while back said Simon Properties, the big mall owning firm had over half their shares controlled by ETFs implying I think that the firm was for the time being, overvalued by that.
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no worky…. next level? VIX testing 20d SMA here at LOD.. yLOD but above LOW
choppy sideways..
That diamond pattern on 60m has potential for a HUGE move either up or down tomorrow.. fwiw.. expect either a big gap. or move 20d SPA 2431 key.. other indexes struggle loosing 20d SMAs
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