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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (4731)1/5/2005 5:11:18 PM
From: Michael Watkins  Read Replies (1) | Respond to of 12411
 
LOL, now that would be cool if real...

I live again. That was brutal illness, ugh. Catching up from three weeks of low productivity now. Double ugh.

There's a rising wedge on ES which I've not drawn; but of most importance to me are the broken upper trading ranges (1 on NQ, it was a laggard, now 2 on ES)

trendvue.com

I'm short YM at the arrow, as of monday...
trendvue.com

Off the minor up bar on the 5M that day, short as of the tall down bar at arrow:
trendvue.com

earlier in the day had been involved in a long but have been ranting about the lagging NQ / COMPX, lack of new highs on NYSE and Nasdaq, so was happy to oblige and switch, gap fill turned into much more.

Pretty stunning that COMPX reversed all of December gains in three days, most of it in two.,,,