/es touches 1500
/gc down
/cl up .7% -- breakout of pennant on 15 min. chart.
remember to check higher TF for major TLs...
/tf grinding higher -- way above 15 min. TL
AD near zero. slow here.
NFLX, FB, WDC, LNKD, TSLA push.
CSTR, DWA, GTLS strong.
aapl strong bounce.
AD -320 /tf 902 -- 5 min sup TL.
NVDA -- call buyers -- holding up above 10/20 ma daily. bot.
ad -600
AAPL +2% bounce.
ad -780
bad data -- /tf hits TL 5 min ch. and b/d
ad -900 crash....
/gc -- b/o !!!!
-1100 AD -- way too strong... careful up here.
FSLR touches 50 day MA -- this is major support.
GSVC -- back over 10/20 -- fb/znga strong.
GG shrugs off weakness -- gets green...
AD -990 -- looking for divergence intraday or grind down.
$Vix-- big jump, reclaims 10 day MA -- upswing?
11:30 euro close -- often a move -- rally here- /tf back to 903.5
AD -542 -- still climbing back - no divergence -
AD -500
/tf 904+ no divergence
cstr, gtls - continue strength over 20 day MA daily... and DWA.
Remember - when daily chart is bearish -- bulls must PROVE it. Burden of proof for a new swing up.
5/34 xover is still valid -- corresponds with 5 min TL breaks...
/tf -- hits new highs -- double top
AD - 400 -- seems divergent to be at highs and green.
-400 AD and $vix 5% and /tf is up .24% to new highs... What does it do up an actual strong day????
AD -500 /tf stil 905 wow -- BURDEN OF PROOF.
Chart did not signal a sell.
-500 ad and /tf dips for a sec under 905.
AAPL 2.7%
but momo ddd, rimm, amzn, pcln, nflx red.
sold INVN 15.20 (half) -- looking to rebuy maybe .50 lower.
TEVA -- reversing off low -- will wait until above 20 day -- Follow the Rules. That's the hard part.
AD -600 - and /tf curls over --- 903....
Well. My edge comes from Discipline. NO discipline means, no results -- in anything. So if you need to remember anything. Discipline first. Everything else is worthless if discipline fails.
2:37 Context
TICK weak, AD -300 as /tf double tops
short 906.4 -- weak TICK, AD -300 , uvol-dvol weak.
-3 ticks -- cleared up -- immediately covered.
tick -500
znga, rsh, shld, gluu -- these winners are saying something... trash.
TICK picks up -- -possible ramp
/tf in a zipper.
/tf b/d but AD improves -- can it drop more?
Was reading about a pro trader who discusses CONTEXT. Having a contextual understanding of the markets beats all the little indicators and doo-dads. Must understand context, as a chess pro understand a board -- to have any chance of winning. Focusing on a pattern is pointless if you don't know the context.
In a powerful, grinding uptrend... /tf moving up despite weak internals... and strong $vix -- must really pick spots -- triple tops at new highs -- dips are covered.
/tf close 905.5
YHOO, STX beat.
 |
| /tf: another dip and entry on TL break |
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