Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Carl, If the low of 1041.50 holds does the short term move to 1091 also hold?
I notice that /ES has formed a coil intraday today between 1042 and 1062, and it is winding tighter.Thanks very much for teaching us how to read the tape, Carl. That was very generous of you. I have been trading /ES profitably by i) using the old-fashioned tape-reading techniques (using volume, etc.) I learned from your blog and ii) noticing the divergence between /ES and /NQ intraday.For example, I just made a long-ES trade a few minutes ago after noticing a divergence:http://bluechipbulldog.blogspot.com/2009/09/and-markets-just-walk-on.html#comment-17884666
can you say...Whipsawed?Market went nowhere fast!Jack
Thursday - another day with back and forth opinion ?
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