Monday, August 26, 2013

No Volume=No Selling...

Sorry for my schizophrenia. Volume is so abysmal that there is virtually no way any move lower can occur today.  While not a large volume bar the area that the /es is trading above is holding as support.  Any move lower will have to happen overnight to build momentum and then when the selling starts volume should increase exponentially. Im taking a quick 1/2 pt. and waiting to re-short back at my original target area of 1670-75. I believe that we will probably get there between tonight and tomorrow's open. Out of shorts @1663.50

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