Mon Mar. 4

futures down premarket.

/ym 14031

/tf 911

ym - ramp back 14047

indices -- all touch O/N highs -- perfect resistance and fail.



Market Signals  very bearish...   /tf 912 - holding strong tho.

vix up.

/zb - red.
xhb, xlf green.

AD -290
UD negative

shorts covering?  need power to go higher.

10:10 am --   BEAR SIGNAL EVERYWHERE.

 covered tza at TL.   for a 12 ticks.

chop back to top of range
IYT raging -- a good tell.
VIX still green tho.


XLU strong - - sort of bearish.

euro close coming...      hard to figure this chop out...  midrange.

/ym - -top of range.
euro close pop.    thought so...

/zb new lows
vix red now....

short /ym - after takes out highs -- 5 min long tail.  Internals still red.

AD -360


/tf  tanks   12:20 -- fast drop to support 908 --  FAST! drop -- surprise move.

AD  -700
/zb -- was down -- never provided any indicator.   All you had was the negative AD.

/tf - took out stops below 908 -- now chop/grind.


Extremistan day -- 60 ticks in 20 min....    now grind.

/tf -- back to 911 --     tested top/bottom - stophunt -- return to value.  Simple day really.

TICK 1000 - -nhod.
1:22 blam.

must allow entry to ride.... this has to change.  Must change behavior to change results.

try another /ym short.

XLU leading
VIX -   -3.8% bullish... hmmm
AD -270
/zb red.

IYT - double top to the tick - right here.  2:38pm.

AD green
/tf 915  bang
/ym  ripping

VIX -6.3%
/zb nlod.

was short /tf and /ym  paper -- managed to get stopped out TO THE TICK ON BOTH AT HIGH OF THTE DAY.   ALMOST IMPOSSIBLE. And yet I managed it.


the /ym -- needed to touch THREE TIMES WITH 5 MIN. CANDLES BEFORE A SHORT. THAT'S THE RULE.


/tf  - close at highs  916.40

IBD leaders led.
VIX -8.3%
another dip early -- and push.

/ym - rip to nhod  AH - all shorts lose.