/tf takes out all time highs o/n 1009.4 -- blue skies.
now 1007.8 at 7 am.
/es tops 1638 - PERFECT 3 PT . TOUCH ON HOULY CANDLE , 3 DAY CHART.
all time high 1008.3 - now a double top area. TL break +double top at known resistance. May be ideal short?
premarket prone to breaking established lines.
IBD names extremely green pm.
TSLA, SNTS, ACAD, DDD, GPS, FSLR, DB, BAC, AAPL
PCLN +16 points. to 872.
gld, gdx higher on some calls.
/cl down 1% -- finally.
scty, ddd, pcln, superstrong.
1008.3 acting like res.
1008.5 at 11am
excellent Market Signals... need signficant time to fade.
many new 52 wk highs printing.
NXST, SNTS, NGVC
1:20 tf 1006
signal earlier for 30 t drop - then spike back up -- now wavering again
ad 390 --
2:45 Big wedge sets up -- won't get out of it.
/tf -- stalled
lost 5 ticks on triple bottom -- I think it was a good trade.... signals were strong. but
AD at 350 and never budged on intial b/o of wedge -- dead market here -- just too extended.
/tf -- breaks lower
Strong IBD names but XLU leading and /nq red... NAMO extended... could not trend anymore.
Had to recognize rangebound -- look for a double bottom entry.