Thursday, September 15, 2011

The /ES: What I'm Looking @

We are approaching VWAP @ 1198.74 and I wanted to point out the price melt up on divergence with volume (red trend lines) I am taking a bird bath on the shorts I put on earlier but waiting for the second half of the day to see how the indicators I work with line up. I might close those positions with a small loss, or hold em', but I have to see what the market says. It looks like the market is getting over extended but I'm not going to fight Mr. Market.

Not too much news in currencies.

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