July 5

Gap up on ECB comments - dovish.


/tf hit 1003 now 998  --

data at 8:30

/cl hit 102.19 -- highs by one tick, stop hunt and backed off.

/tf had 3rd touch entry at 6:10 am -- now 20t lower.

Wed. close was 989


50 ma  daily  -- above SPY -- bull is back

/tf 1004 -- nhod.

payrolls crush it.

/ym  172 points ---   pm  blam.

very sloppy  --

1004 to 1000.5.

/tf back under 1000

strong: TSLA, AIG, YHOO, GOOG, AAPL, AMZN, LNKD, SCTY, IRBT, SODA, CREE

tf 999  at 9:00

tf gives up entire pop  997.3

997   lows


994

ad  1080 -- trending down from high open.



10:23 - low of day
need 1 hour base to get long.... rules.

11:23 -- TL test
AD  664
volrd 8.5

993.2 entry 10t stop long.

IBD names  green.
IYT, XLF green.
oil strong.


heard on stocktwits with /cl at highs:

$CL_F is going up because it and $DX_F are only futures products "going up" for weeks and plenty of market participants "don't short" Bullish

$CL_F ... and nothing is going to stop that trend anytime soon Bullish

 

 So -- what do you think?

-3 ticks.  /tf -- out - paper money.

/tf -- strong bounce off 1 HOUR TL   - which also was gap fill from Wed.

and now dead money midday.

/tf  996.4

internals rising -- have to stay long if you were long.  Certainly no short setting up.

tf 999

 

internals keep rising.

 

 

tf closes at 1003 on massive surge internals.  

 

easy entry at 98 caught 50 .