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I'm a trapped short so take my post with a grain of salt. Looking at this chart, it's hard to imagine being a buyer at these levels. Especially considering the glaring resemblance to Feb 18th.
my shorts "sell today's open in Russell" working very well so far.... and ES strong resistance 1330 proved is still resistance specially if we close near the LOD.
JTrader wrote:I'm a trapped short so take my post with a grain of salt. Looking at this chart, it's hard to imagine being a buyer at these levels. Especially considering the glaring resemblance to Feb 18th.
what is trapped? Trapped short or trapped long I have heard that used hear before ,thanks
Dow Trader wrote:my shorts "sell today's open in Russell" working very well so far.... and ES strong resistance 1330 proved is still resistance specially if we close near the LOD.
Dow Trader,
Good call. Are you going to hold your shorts over the weekend?
JTrader wrote:I'm a trapped short so take my post with a grain of salt. Looking at this chart, it's hard to imagine being a buyer at these levels. Especially considering the glaring resemblance to Feb 18th.
You could also say today looks like December 7, 2010.
So test 1320 early next week and up up from there.
little fib here. Again the bullishness we've seen those days won't just go away, so I don't think it's time for bear to be happy here.
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Dow Trader wrote:my shorts "sell today's open in Russell" working very well so far.... and ES strong resistance 1330 proved is still resistance specially if we close near the LOD.
Dow Trader,
Good call. Are you going to hold your shorts over the weekend?
yes,
reminder : my target in Russel yesturday's low
SPX target 1310
Me XMan wrote:Bulls are kinda tired don't you think?
Cobra wrote:little fib here. Again the bullishness we've seen those days won't just go away, so I don't think it's time for bear to be happy here.
Yes, but my evil plan usually goes like this. Agree or not, my evil plan usually doesn't go very wrong, right? So bulls are not over yet.
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