yahoogle
May 07, 2010, 09:58 AM
Trading da Numbas was keenly aware of market's weakness and bearish posture prior and during yesterday's remarkable decline. Once the key support area at 1147/1143 (given to members pre-market!) was lost, ES went into freefall mode.
Real-time comments given below:
2:11 PM [yahoogle] should respect trend till it weakens; all our resistance levels got sold
2:20 PM [yahoogle] it's been accelerating since it lost 43
2:21 PM [yahoogle] even weaker, if it blows past 1125
Also, here are samples of charts we make available to our members, showing how the meltdown occurred after critical support was lost:
1608916090
Real-time comments given below:
2:11 PM [yahoogle] should respect trend till it weakens; all our resistance levels got sold
2:20 PM [yahoogle] it's been accelerating since it lost 43
2:21 PM [yahoogle] even weaker, if it blows past 1125
Also, here are samples of charts we make available to our members, showing how the meltdown occurred after critical support was lost:
1608916090