Flat open, so any gap will be filled. The Global ES looks like a Bull Flag, and I don't see any bear strength on this 2 legged pullback so the chart doesn't look bearish to me yet. Plus we might have the 911 patriotic rally today.
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gabor wrote:On my chart ES is down by almost a percent, do you call it flat?
When I wrote the opening statement it was flat. But anyway, the Bull Flag is still valid.
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Why does a business channel not mention the futures have dropped 1% in the last half hour...no explanation...they will tell us after the market closes today probably.
any news out there for this drop? I know Europe is going down again.
Cobra wrote:Flat open, so any gap will be filled. The Global ES looks like a Bull Flag, and I don't see any bear strength on this 2 legged pullback so the chart doesn't look bearish to me yet. Plus we might have the 911 patriotic rally today.
Except this time we have an actual terrorist threat. It's a bit trickier this time -- would people want to hold stocks through the 911 weekend?
Cobra wrote:Flat open, so any gap will be filled. The Global ES looks like a Bull Flag, and I don't see any bear strength on this 2 legged pullback so the chart doesn't look bearish to me yet. Plus we might have the 911 patriotic rally today.
Except this time we have an actual terrorist threat. It's a bit trickier this time -- would people want to hold stocks through the 911 weekend?
Nothing going to happen, this time they just try to make a news out.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Cobra wrote:Flat open, so any gap will be filled. The Global ES looks like a Bull Flag, and I don't see any bear strength on this 2 legged pullback so the chart doesn't look bearish to me yet. Plus we might have the 911 patriotic rally today.
Except this time we have an actual terrorist threat. It's a bit trickier this time -- would people want to hold stocks through the 911 weekend?
What is the news, I do not know anything, what sort of threat?
gabor wrote:On my chart ES is down by almost a percent, do you call it flat?
When Cobra posted the mkt was flat..In the last 5min the mkt took a dive.
Oh yeah, I noticed! I was just joking, how quickly a statement can be out of date ...
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