Rushed into the short on: 1) financials - the strongest sector at the moment - unlike ES didn't post higher high and 2) Goldman itself was sliding sharply (click the chart above). Fixed the position as 1) financial sector and GS stop sliding, plus 2) internals and, should mention, Nasdaq Composite futures were very bullish, no matter ES pullback to the downside.
Hour and a half before closing bell have entered long position on respect of: 1) bullish internals - 3 $ticks above +1k and only 2 $ticks below -800; 2) $add posted higher high and finally 3) the weakest sectors, on behalf of materials and energy, were strongly recovering. But I didn't noticed that double bearish divergence have appeared. ES have pulled back. But in a matter of $add higher high, bulls tried to push the market higher. About such pattern, when $add do call the next market move, I have mentioned on 13th april and on 19th and 17th february of 2010. But all bulls have made during the past session was triple bearish divergence.
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