rangebound going into 8:30 data.
PCLN - strong ER
/tf 899 - testing top of range 901ish res.
DWA, FSLR - er LOSERS.
ebay, amzn - below 50 day.
/es- just touches ystdy highs - reverses -- PERFECT TECHNICAL PLAY.
/6e - double top at ystdy high - another perfect technical top.
/tf - RAMPS to 904 -- stop hunt. overhead daily MAs -- room to climb... strong IBD names.
IYT, XLF, XHB strong.
/tf pushing -- internals pointing -- bulls control
AD 1100 whew -- shorts on fire.
AD 1250 -- HUGE
AD 1400 bear rallies are the strongest...
massive trend up day ----
tried to buy LO -- it was weak. What's my rule? Buy strength
bought a weak stock, with entire sector weak.
DTV -- meanwhile this was strong -- acted strong - and paid off.
UD - nhod
UD - nhod 11:46
triple top /tf but no divergence
/tf -- Bang 910 nhod.
AD 1600 -- really? think a short will work?
/tf 910... massive day
over 61.8% fib retrace from 2 days ago -- good place to die.
/tf - 30 tick p/b -- within minutes....
DECK -- weak last few days into the ER.... have to assume it's going to be terrible. But still holding 50day MA --
bot TZA because ... lost focus. No signal. no reason to short. Lack of discipline is expensive.
All 'gut decisions' will fail. That's not a plan. The plan is the plan. Everything else is wrong.
UD - nhighs all day long
/zb new lows
basically everything I did today was wrong... somehow. Impressive. I could make so much money doing the opposite of what I do.
Dow 195 --
new highs... outperforming... large cap industrial.
Tight stops will kill you just as much as wide. Can't trade afraid.
DECK red... bad ER coming????? smells like it -- seen this before. (SIMO)
LOW TICK OF DAY 3:42. ???
-- 3:45 - this was the time to fade --the Tick called it --