today's goal: Focus on the process, ignore the results.
weak premarket, gold, /cl down
/tf -.49% to 877.5
GS up on ER.
AAPL 490 (downgraded but up 1.5%)
there waas positive mortgage news.
/zb just spiked higher.
/tf - retraced to 50% fib from ystdy low print to high 870 - 883.50 - now 877.
basically the 9:30 open is designed to screw as many people as possible -- the first 5 min. move usually a fake... so see what they do today -- big spike up = short probably.
short /tf at open on -1100 advn-decn -- 9t stop. Very powerful Market Signals on sell.
/tf - stopped +2 ticks -- might have been too tight.
/tf - slaps down -then rips to highs -- stophunt action gap fill.
short 880.2 - TL break 9t stop.
/tf much worse than /es -- risk off.
-110 advn-decn market going to work out of the hole again - and bear trap?
stopped out of /tf -- but slightly green.
PENNANT -- formation -- VPOC formed.... we wait....
short /tf 878.8 10t stop.
perfect 3 bump in /gc
on slow days -- REMINDER -- look at other markets you won't miss anything and may just find what you're looking for.
short /tf on double top + TL break. advn-decn still -500
11:52 5/34 bearish xover... H/S pattern on IWM on 2 day chart.
advn-decn worsening as /tf rolls over -- stay with it. lower stop.
DECK -- triple bottom then 1.20 move --- always the same pattern before the big move.
vix at lows but advn-decn negative all day.
AAPL +22 to 508... yesterday was impossible to get long... all sellers, today -- just straight up.
advn -173 -- just grinding grinding... low vol. Err'y day it's shufflin'.
/tf -- grinds to a .02% gain... whew
I notice you could have bought several 5/34 xovers all day and made pocket change 3 or 4 times on /tf
/tf - short 5/34 xover 8t stop at 3:24.
/tf - finally some selling 879.50 would be the TREND LINE intraday.