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Cobra wrote:Flat open plus most gaps after a Major Accumulation Day got filled the same day so most likely the gap should be filled.
Global ES is having the 2nd try, well, the 3rd try on the previous high so kind of key time, bulls need a decisive breakout which if indeed, I bet most bears would give up in despair. This market is designed to upset bears the most, so usually what bears are most afraid of the market does what, well, let's see.
I hope I'm sensing sarcasmDow Trader wrote:GM,
looks like we will have a boring day
Thanks for that… also BAC is still at TOP of our list of “highest short interest” stocks again this monthagnosia wrote:morning guys. yesterday some of us were interested in how much each sector weighed on the s+p ( for those that trade the spy and /es futures ) and i found this from bespoke. as you can see financials are only second to technology which is why the XLF and BAC were able to lift the indexes yesterday. you'll note from cobra's report yesterday that rsp was lagging and this would explain that ...
http://www.bespokeinvest.com/thinkbig/2 ... cials.html
I think everyone is watching the NQ today --- if the ES makes a new high without the NQ we'd have divergence...Dow Trader wrote:For today, I think ES will see more active trades if above 1230 or below 1213 . trading between those level will not have much volume
Check the circle area, and check the red ( resistance ) and the green ( support ), when you have a pattern like that with last 3 trading day's have a big candle in the daily, and traders are waiting to see a big action today, but I think the market will stay near the circle area at least for today, but as I saud, above 1230 or below 1213 in ES will see more volume activity and then we might see some real action.stucap wrote:I hope I'm sensing sarcasmDow Trader wrote:GM,
looks like we will have a boring day
99er wrote:Mess? What mess?