lqiantobe wrote:any comments for this breakout? Corba
weak
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now i see bulls panicking. lowered their ask to 1307.75.... now 1307.50... tons of supply above. i would very surprised if we get through here. on the other side we have tons of bids at 1306.
agnosia wrote:none of the big boys seem to be around.. they can't break through 3K contracts @ 1308. i imagine the bulls will show some weakness here to give the bears hope and then make them all cover... ???
Thanks, that is what I see too...looks similar to 11/27/09 and 12/17/09 in terms of a pattern where you get a big down day after an up day, then the next day closes higher.
Do you see a move up or a move down tomorrow? Thanks
No idea, I have no position into the close. I'm waiting for the reaction after the earnings today. I'll also check the bullish percentages. I'll post a comment later on on Cobra's blog. Enjoy a beer and wait for the market to make a mistake...
well, guess that's it for today. we have to wait until tomorrow for the next chapter. for now it's still fighting the resistance. thank you guys, I'll see you tomorrow.
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don't worry folks, that's what the after hours are for i imagine we will get through this resistance on a low volume ramp up... just hope japan + europe are up tonight...