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Small gap up but above yesterday's high so not sure if the gap would be filled or not.
Could be a Symmetrical Triangle formed on the Global ES, so the overall bias is up. It's kind of key time now because the price is testing the overnight high, since it's the 2nd time, so no failure allowed here. Let's wait.
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oil may continue down sometimes later as I see the rebound in the past 4 bars as bear flag.
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My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
the open. now everyday is either gap up close lower or gap down close higher. so the question is today opening high going lower again, or the 3rd time is the charm?
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Cobra wrote:the open. now everyday is either gap up close lower or gap down close higher. so the question is today opening high going lower again, or the 3rd time is the charm?
Hm... is 1460 resistance? The market is waiting for confidence at 10 it seems.
There is no better vehicle in US than shorting russell...lol
P.S: DAX and euro are strong (finally outperforming US), I like it
Last edited by KeiZai on Tue Sep 25, 2012 10:03 am, edited 1 time in total.
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
a spike, unfortunately, overshot, so might see pullback or consolidation here.
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ClarkW wrote:Cobra, what are your thoughts on GDX 60min and/or hourly?
What about any Elliott Wavers?
Thanks
should be more up ahead. may or may not see some short-term pullback first though.
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