nice volume on down bars...i intend the play the area of 2500 to 2530.
my better volume indicators market stat indicators, are in zip file
my better volume indicators market stat indicators, are in zip file
Attached File(s)
- #266,382
- Jul 1, 2010 8:57pm Jul 1, 2010 8:57pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Tiger, just like shorters, had a bad day.
Doing what you like is Freedom. Liking what you do is Happiness.
- #266,385
- Jul 1, 2010 9:06pm Jul 1, 2010 9:06pm
- Joined Jun 2009 | Status: A slave to the tape | 4,390 Posts
- #266,387
- Jul 1, 2010 9:10pm Jul 1, 2010 9:10pm
- | Commercial User | Joined Feb 2009 | 5,030 Posts
I don't put the though out that we could push a little bit higher towards the larger shorts. I'm sure that last weeks covering rally shook out a lot of the weak shorts. With that being said, bulls might still try to cover a few more shorts.....I also wouldn't discount the fact that with volumes decreasing due to illiquid holiday (July 4) and summer trading conditions coming into effect, we could see a bunch of consolidation up here in the range from 1.2150-1.2645 until mid-July to August. Here's my chart.....
That's my number.
- #266,394
- Jul 1, 2010 9:49pm Jul 1, 2010 9:49pm
- Joined Sep 2006 | Status: Chasing Trends | 2,339 Posts
- #266,397
- Jul 1, 2010 10:08pm Jul 1, 2010 10:08pm
I don't think anyone is expect NFP to be anything but crap-tack-ular. 
Market probably priced in the -110 or so already. There's so much negativity expected than over 110 shouldn't effect the market much (just confirmation) whereas anything under would surprise the heck out of people.
There's also a lot of capital waiting to jump into equities. Talk of "the bottom" is getting stronger. USA has shown its cards. The EU on the other hand is going to get worse in the coming months.
Market probably priced in the -110 or so already. There's so much negativity expected than over 110 shouldn't effect the market much (just confirmation) whereas anything under would surprise the heck out of people.
There's also a lot of capital waiting to jump into equities. Talk of "the bottom" is getting stronger. USA has shown its cards. The EU on the other hand is going to get worse in the coming months.
Only expectation matters . . .
- #266,400
- Jul 1, 2010 10:18pm Jul 1, 2010 10:18pm
I don't think anyone is expect NFP to be anything but crap-tack-ular.
Market probably priced in the -110 or so already. There's so much negativity expected than over 110 shouldn't effect the market much (just confirmation) whereas anything under would surprise the heck out of people.
There's also a lot of capital waiting to jump into equities. Talk of "the bottom" is getting stronger. USA has shown its cards. The EU on the other hand is going to get worse in the coming months.
E