pop to 895 o/n now 889.5
/cl -- mini triple top here -- short?
DDD, TSLA, FB, AAPL green.
RIMM, DELL strong.
XHB UNG IYT strong -- seems solid despite /es /tf red.
/cl - short 96 with 7t stop -- on TL formation (quad bump) -- huge R:R (6:1)
lower stop: now 3t risk.
gold miners strong --- FCX reported +1.5%
stopped: /cl -- was this a good trade? lost 4 ticks. b/o to upside.
/gc also popped. premarket trading - thin vol. easy to get chopped.
chop mode = looking for high tails -- responsive entries.
/tf stuck at 890.
/cl 96.32 -- stophunt above o/n highs -- top of range here.
need to allow the charts dictate action, not opinions.
VIX 6.5% and market rising.... hmmm....
/tf red /es green
/tf -- new lows -- vix was right.... my short attempts were too tight.
bears in control.
/tf double bottom - and whipsaws back up.
responsive short /tf -- double bounce, weak AD and high VIX. 5t stop.
completely wrong all day -- in /tf -23ticks.
/tf -- and new highs - stophunt
/tf 894 --
DON'T anticipate the signal. The signal is the signal.
anticipating a signal is a trap.
we're in a bubble -- there's no way to anticipate a top. The chart is the guide.
/tf -- trend is up - no reason to anticipate a short.
/cl -- 5/34 xover finally -- 50 tick move if you played it straight.
895 /tf -- stophunt O/N high
/tf 895.5 - new highs... +700 AD keeps you long.
AD 800; can't fight this. Bubble.
INVN -- strong. call buyers
anything NOT strong? lol
bubble market -- fun times.
|/tf: bubble market: test of O/N low then TREND UP|