The problem for traders these days is all the hedge funds jamming it in a one-directional move without much play. It's not enough fluctuation to make for decent counter-trend trades, which forces everyone into wide stops and adds risk.
ES is now struggling with its trend line support and 30 DMA. NQ did a lower low with a bullish divergence, not quite hitting weekly S2.
ES is now struggling with its trend line support and 30 DMA. NQ did a lower low with a bullish divergence, not quite hitting weekly S2.
This entry was posted
on Monday, November 27, 2006 at 11/27/2006 12:53:00 PM.
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