pullback day
/ym -- through yesterday low, PUke candle -- 30tick swing - best trade of the day in retrospect.
AWAY - fresh high b/o
IMOS -- strong.
XHB worst sector
GG and gld -- almost breaking out - strong
GDX above 20 day
/ym 14383 -- that was a 50% retrace intraday -- 50 tick move -- in 100 tick range.
The correct action was to wait for yesterday low's to touch -- then recognize Puke Candle was stop orders -- take a responsive entry with stop at lows -- then you trail the stop up slowly -- as internals improve - you target the opening print -- and exit. and the day is OVER at 11:40 for 60 t, no heat.
That was the play. It happens all the time.
/tf and /es did not sink as low -- so recognize which market is at a key support area.
IYT below 20 day MA daily -- new lows
AD -800
UD -145
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