the 3rd push is much weaker than I thought but still cannot exclude the possibility of the 3rd push ahead. wait and see.
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yoku wrote:so quite today. not sure what is cobra doing.
again this market makes me uncomfortable. from 15 min chart, i cannot rule out a bullish flag. i am staying in short with stop remains at 1347.5
Well, volume is anemic, today. Laughable, actually. So, the market is easily moved by relatively smaller (than normal) positions. Don't be fooled. Still short, here.
Posting as I have been away from the board a few days.
Went a little long last week and then went to New Orleans Jazz Festival for a few days.
As of now, I am up just a bit and glad I was listening to music through the excitement late last week.
Healthy doses of Fed POMO tomorrow and Wednesday. Then, who knows. New schedule coming.
Market seems real mixed but slightly positive. Should be a shortable echo drop some time this week.
well, guess that's it for today. the chart pattern doesn't look bearish so could be the 3rd push up tomorrow morning but certainly bulls are not as strong as before at least the overnight's 16 points gap up attempt failed. let's see if it can manage another 16 points gap up tomorrow. thank you guys, I'll see you tomorrow.
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yoku wrote:so quite today. not sure what is cobra doing.
again this market makes me uncomfortable. from 15 min chart, i cannot rule out a bullish flag. i am staying in short with stop remains at 1347.5
Well, volume is anemic, today. Laughable, actually. So, the market is easily moved by relatively smaller (than normal) positions. Don't be fooled. Still short, here.
in recent months, i have observed flat or below avg volume on rally quite often. i guess only bears need volume confirmation nowadays. i have a system on vsa and i abandon it last xmas. have to follow ben's rule to be a bear.
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