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A retest of 55 is a high probability.... large sellers off 52... large buyers off 50. Good place to add would be 52.25... if those sellers get taken out..

 

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Added to long..

Edited by Predictor

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I'm looking at the idea that any temp consolidation high is in at 68.00. The low possibly in at 50.50 although I am also looking at the possibility of just above 45.00. Just one possibility.

 

50.50 still doesn't look bad, feels like we'll move up.... ah shit. there it goes as i type. lol.

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Large limit sellers off 53.. was my first target but was looking for more.. see some caution signals..

 

Limit buyer has stepped up from 50 to 51... limit seller up from 52 to 53... need another upswing here

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lol. i really don't know what's gonna happen nowm, but sentiment today for risk markets seems bearish in general. wouldn't be surpirsed to see the ES go either way though.

 

I think i'm staying out of here for today. I've not been able to get a good read on the market all day, be it currencies or commodities or index futures.

 

I'll see if we can drop down to a level of significant support, but unless we do that, i'm probably done.

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Neg... please share..

 

It was something about some sources suggesting that the bond buying programme would be limited contrary to what has been said recently. They've said that it was probably already in the market though (and not necessarily even accurate) and given the fact that the IB is currently just 3.75 pts wide, it's probably nothing.

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LQ providers are short biased today.. institutions long biased... this is just my intuition.. the lq providers put up real volume whereas institutions tend to add limit or go to market at certain zones.. 2 institutions battling it out now.. why does it matter? my take is the 53 seller is a lq provider.. should pull... just trying to slow down the rise in price

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There is just no bid to the market today... not liking that

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Limit buyer steps up to 52

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C new HOD

Edited by Predictor

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