10 Jun
The best time to be long continues to be the morning, while being short in the afternoon has paid off recently, especially during the 1:30 pm to 3:00 pm EDT period.
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sledbug
on June 10 2010 at 13:11:24
Bob what would be your signal that we will go long and break highs
Thanks John
spainconsultant
on June 10 2010 at 13:24:06
Sledbug Trichet, Bernanke, the japanese and swiss bank big boss all drunk in ann english pub in germany……. would be an optimist signal
Besides that, and being a bear……..does the NYSE ticks speaks………. I´m looking for a top of the week, remembering Thursday night and Friday day seasonality very bearish lately……..though also kind of remember there was at least a strong day up since the flash crash.
Anyway today R1 still holds
So that´s easy for you Bob, what happens the rest of today and tomorrow?
spainconsultant
on June 10 2010 at 13:24:49
one strong Friday I meant
Bob English
on June 10 2010 at 13:37:38
I have little confidence in these up moves, but would have more if EuroYen would close above its 20 day MA, currently 111.310. It’s still not confirming Euro and ES strength. Also, in the ES, the 20 day MA and trendline from May 13 and June 4 is just overhead at about 1090. Shorts remain in control until 1108 is taken out (200 day MA and recent swing high). Switching over to September contract tomorrow.
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