ES tonight

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Old Aug 9, 2011, 4:55am   #449
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rathcoole_exile started this thread ...and also refers back to the.
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Old Aug 10, 2011, 12:01am   #450
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rathcoole_exile started this thread A fresh close above Tenkan Span (red line) and I’d be a buyer again, and I certainly wouldn’t be looking to sell UK Gilts at this time!!!
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Old Aug 10, 2011, 12:03am   #451
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rathcoole_exile started this thread If Chikou Span (yellow line) crosses through Price, I’d stay neutral,
But this looks like a very good opportunity to Short-sell Mr Buffet’s company Berkshire H.
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Old Aug 10, 2011, 12:06am   #452
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rathcoole_exile started this thread And exactly the same as Berkshire for those French chaps, here’s the CAC40:
Looking to Short some frog’s legs if Chikou (yellow)turns back down, or stay neutral if not

(actually, the charts for the HSI, Nikkei, the Dax, FTSE, even S&P all look pretty similar.
Was yesterday a return to bullishness ?
or a Short-sellers dream, a short-lived bounce offering fresh opportunities to Short at higher prices ?
the next couple of days will be interesting .....
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Old Aug 10, 2011, 12:13am   #453
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rathcoole_exile started this thread But, I'm getting no clear signals on the S&P itself...

yesterday Market Profile worked very well, with price zooming from Value Area Low almost to the penny at Value Area High

Price is above today's Value Area, suggesting either a continuation upwards at least to Central Pivot at 1224-ish, or even the Next Pivot Level at 1239

or a swift, painful (for Bulls) drop back down again, through VAHi at least to VALo ?

Chikou, Tenkan and Kijun Spans are all show early signs of bullishness, Price has pooped above the current Kumo Cloud, and it looks like Horizon Kumo Cloud is about to change to positive.
But I’m still not convinced, and not a Buyer at this time
Watch and wait and hope for a fresh clear Sell Signal, or become persuaded by the Bulls ……..
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Old Aug 10, 2011, 12:24am   #454
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rathcoole_exile started this thread Last one from me today
Oil – I’d prefer to sell than to buy, if the signals start firing off …
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Old Aug 16, 2011, 2:44am   #455
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rathcoole_exile started this thread is this the end of the mini upwards reversal, and price will head back down where it belongs ?
I'm shorting at 1185-ish, just as soon as price closes below the Kumo Cloud
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Old Aug 16, 2011, 2:45am   #456
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rathcoole_exile started this thread and price is now down below VAL supporting the notion to Short from here ...
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