ES Journal - 2013

cash reduced we made a double top ,fridays high and we hit that supp line

 

dvol over uvol started out like a trend day but the uvol bounced up on that supp line in cash,dvol now resuming its upward trajectory

 

it is not a great predictor but fwiw, we had 8 green daily candles in a row.

The way it is selling off today, seems finally we will have a decent size red candle by 1615 EST.

Btw, I am short.

 

need to respect this 95-96 as res or its just another pullback

 

aapl broke that neckline on a 200 pt hns,res here at the 444-450 area and if it holds ,could drop to the 20's

 

How much room are you willing to give it?

I ask because the 1490 to 1500 is a nice area to pull in shorts and then pop it well over the top. The 1500 will get a nice media boost as well.

 

Out 1496.75

 

tl;s in cash are around 1500 and 1512

 

I am not looking at a swing trade, it is strictly a day trade - so happy to get stopped out for a small loss.

I shorted 2 cars at 96.5, booked profits on 1 car at 92.

For the other car, my stop is at 1500. So, I might lose 3.5 points on this one but I am targeting profits below 90.

 

volume spike