actio-et-reactio: for every action there is a reaction. In the background is a sketch by Leonardo da Vinci-teeter-totter- a symbol of how tenuous is the balance between extremes

actio-et-reactio

Balance is but a brief transition between extremes.

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Thursday, March 31, 2005

Wednesday, Daily Update chart

What a remarkable finish to the day, with the added touch of finishing just above the prior swing low. The intraday expando was a particular treat. These can be very confusing to trade as they reflect intense emotions with the wild swings. Because of that, traders sometimes interpret them as reversal signals, but more often than not they are continuation signals, as was todays. Plenty of volume too. The bulls have the advantage just now.
Daily ES updated chart

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posted by Ana Maria @ 2:56 AM :: permalink




moon phases
 

At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows

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