advn-decn: -1442, -1582 OUCH. look out.
advn decn 1502 - improving a bit...
very weak signals...
short /tf on wedge break after gap fill... technical move can take it to 824....
advn-decn back to lows with weak TICK.
don't forget: slow choppy days -- must be more responsive. This wedge break 'confirmation' may fail -- more likely to be rangebound.
/tf currently at 50% fib level from yesterday's range -- indecisive.
stopped out -- paper /tf short. chop indeed means -- responsive trades only.
/tf 834 advn-decn 1174 -- won't drop. INVN hits 11.00
/tf -- and it rips above O/N highs on some news.... advn-decn -347
/tf pullback -- slow day. some news with fiscal cliff keeps /tf green.
IWM may just pin at 83 which means we're already done for the day. Best opportunity is over.
/tf triple top 5 min candles -- flush? at 12:44
clear triple top -- leads to the easy fall /tf -- 831.50 is target ..... now 832... see if it hits -- the 50% fib level is target.
-900 advn-decn as Obama talk starts.... not great but 3 pm -- algos can take control on low vol.
/tf exactly unch. exactly at 61.8 fib, too. funny.
/tf sinks on no deal news... -1100 advn-decn. 830 broke...
es - full rainbow 1396 -- does it keep going????
Tf goes below 8 am lows -- long tail - picks off stops.... bounce. lol. Nasty.
/es dumps AH -- stops ripped out.
INVN closes green. Follow strength.
/tf - dumps below 0 fib - /es breaks down.
NOTE: High of Day can often be anticipated by always looking at Market with a Higher Timeframe (see chart)
|/tf makes a 3rd Touch before finally plummeting end of day|