Stock Market Today - Intraday discussion - Page 4963  

6.1 shaker off Sendai just now, well east of land.

ES 1332 bounce attempt, ticks positive, A/D sitl negative but better than this morning.

you don't think the dollar will see 74.4 today?
 

Quote:

Originally Posted by mjoke 

i wouldnt expect too much more on a decline in Oil for today atleast. 101 was defended

 

i think thats it for the day and we flop around waiting for tomorrows numbers.

Quote:

Originally Posted by revolution 

you don't think the dollar will see 74.4 today?
 

 

no i dont, i have 74.80 but thats not going to happen this week. maybe over the weekend (due to a gap) if tomorrows numbers are crap. But it has to take a breather and retest this 74.00 which ran to 74.14

EUR/USD down 220 pips in less than 3 hours, yeah DXY screaming up from 73 overnight pushing 74 now

ok. i just assumed it would attempt 74.4 since it's been making strong spikes up and breaking through resistance like butter.
 

Quote:

Originally Posted by mjoke 

no i dont, i have 74.80 but thats not going to happen this week. maybe over the weekend (due to a gap) if tomorrows numbers are crap. But it has to take a breather and retest this 74.00 which ran to 74.14

 

Go go Gadget Dollar!

There are so many people short this through other pairs, if it gets more of a push, it could get ugly for the dollar shorts.

Daily chart gives a better perspective, this could go into the high 70's to the upper channel.

There we go, 1340 with conviction.  Bulls want more.  Looking at 1344 as possible trend change trigger (of down move since Monday of course) and top of 1 hr downtrend channel  is 1345.50 moving down to 1344.25 at close today.

That pesky 5min downtrend on the ES from Monday is still there, right now 1343, can you do it bulls?

more power!!!
 

Quote:

Originally Posted by StockJock-e 

That pesky 5min downtrend on the ES from Monday is still there, right now 1343, can you do it bulls?

the russell is running out of steam captain. the mighty dollar is too strong

dollar short squeeze coming??

Quote:

Originally Posted by StockJock-e 

That pesky 5min downtrend on the ES from Monday is still there, right now 1343, can you do it bulls?

We are over ten handles off the low, if we don't retrace something quickly, then it's off to the races IMO and maybe another 5-10 pts to the upside.

nevermind about the russell

All the majors looking amazingly good on the daily candles, hammers, yesterday's dojis getting swallowed whole, bounces off key  MAs, you name it they're showing it.  Looking like trend reversal to me.

There we go, bulls stampeding back!

High 1197 TICK on this break over the 5min ES downtrend, internals continue to improve, we may just have a little break from this down leg here.

ES the MF hit a low compared to other reversals, a pop was coming since it turned thats why we are up from the flows its also on OB area for the next 30 mins.... wants to touch the underside of the MA. Overall ES could recover if tomorrows numbers are okay, which based on today is doubtful. Euro is running a little forcing the dollar down a touch so thats also a factor.

Weekly Market Profile showing a decent accumulation pattern

I'm reading Richard Wychoff's book on tape reading hence the PNF chart. 

Pretty colors!

Remind me to give you call when you are down the book so you can give me the summary of how you are using PnF.

I have looked over the system briefly but it didnt do anything for me...

Quote:

Originally Posted by IchibomB 

Weekly Market Profile showing a decent accumulation pattern

I'm reading Richard Wychoff's book on tape reading hence the PNF chart.