clean trend down o/n session.
/es 1505 -- yesterday was a classic reversal.
/6e 1.30 -- break.
seeing all signs of a selloff but now starting session deep in the hole -- may be choppy zipper/grind back --
gold, copper, oil weak.
100% correlation today....
use hourly charts -- lots of room to fall -- the upper bands were established but hard to figure out where indices may bottom.
/tf - these little pops are noise.
Don't trade noise. and most of it is noise.
Need to trade larger patterns because large players dominate and the turns can only come after sizeable accumulation or distribution.
JJC -- been a good divergent tell.
/tf - most perfect technical bounce into the 5 min. TL -- and whoosh -- easiest 30 ticks ever.
we're in chopmode here
/tf -- 100 tick range 897 to 907... thru TL. taking out stops.
AD, UD, /zb, VIX -- all bearish.
but /tf -.35% - can't short in the hole.
short /ES stop 1550.50
short /tf -- thru O/N high -- and 910.
5 min reversal bar - /tf
small triple touch - flag /tf 1:42.
AAPL -- new lows for the year....
AD flat.... but /tf up strong... hmmm...
makes no sense to be up.
how are markets green?
2:25 -- market topped at 2:30 yesterday. Could it repeat? Is it that obvious?
2:30 - no selloff...
/tf -- TL broken... 2:40
Adn /tf - breaks to upside.... PUSH. knew it.
can't use tight stops -- noise will get you every time.
IGT looks good
THRX - call buyers from the bottom -- closing strong.
indices all up trend -- daily charts -- no weaknesses.
Big Dick $tick 3:40 sending it...
/tf - yesterday highs TO THE TICK
Well -- that was something.....
180 tick range -- bottom to top. Every day is an opportunity. You just got to have a system to get some.