Wednesday, May 8, 2013

may 8: The Bull Continues

IYT - worst etf premarket
/tf red.

xhb, xlf and DB red.
/zb green.

Sellers in control.

AD 500 --

and buyers grinding it and grinding it.

AD 110

running out of power... dangerous to enter the bottom now.

choppy day.

got 3 ticks...  but my entry in the afternoon was spot on -- could easily have had 25 ticks.

/tf - took out lows before ramp to highs: still bullish

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