Entered short position cause: 1) first huge bearish divergence (but w/ no $tick confirm) have appeared, plus 2) Goldman Sachs failed to break above 162.25$. Soon fixed the trade, cause 1) there was no sellers momentum, 2) GS started to recover sharply and 3) Nasdaq Composite fututres w/ materials, the weakest at the moment, sector started to trend higher. Later the market entered doldrums, when Goldman w/ Nasdaq have posted higher highs but ES have been trending lower.
19/04/10
Entered short position cause: 1) first huge bearish divergence (but w/ no $tick confirm) have appeared, plus 2) Goldman Sachs failed to break above 162.25$. Soon fixed the trade, cause 1) there was no sellers momentum, 2) GS started to recover sharply and 3) Nasdaq Composite fututres w/ materials, the weakest at the moment, sector started to trend higher. Later the market entered doldrums, when Goldman w/ Nasdaq have posted higher highs but ES have been trending lower.
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