Manic Monday Rub Down
Manic Monday Rub Down
It’s good to be back, especially on a sell off day when any meaningful counter rally attempt was met with aggressive selling.
What was interesting today was the lack in participation – we got that early morning gap and then pretty much nothing for the remainder of the session. I was watching several overlapping entry signals on the geronimo side – which was indicative of various attempts to bang the tape higher but it seemed the bulltarts didn’t have the mojo necessary to close the gap – for now.
As a general observation – the spikes up appear to be met with large sell block orders – someone apparently keeps unwinding positions. Perhaps someone closer to the pulse perhaps is able to confirm this?
Program Trading Update:
evil.rat/ES: -1.75
evil.rat/NQ: +0.25
geronimo/ES: +1.25
That’s all for now – I’ll be in touch later this evening for a quick update.
Boy, am I looking forward to that one 🙂
Cheers,
Mole
