Tuesday, December 8, 2009

Emini $Tick pressure Dec 4th













- Tick pressure to downside not aggressive enough, it seems sell volume is low.
- Notice morning sell of with red extreme tick was faded aggressively..
- dollar strength could be holding markets down.

conclusion:
- if it holds S2, right here and/or get an extreme down tick, look to fade.
- targeting the gap fill area of 1104..
Posted by at

2 comments:

  1. MMDecember 8, 2009 at 9:58 AM

    Long @1093.5, stops below S2 @1091.. Lets see if we hold up. seems a series of HL forming since AM..

    ReplyDelete
  2. MMDecember 8, 2009 at 12:21 PM

    stopped out.. We got an extreme tick reading, fading @1089, stops todays lows 1087.5 for a swing long..

    ReplyDelete

Subscribe to: Post Comments (Atom)