IF we gap down, looking for first bounce to 62-67. Will have to wait and see what happen there before I go for continuation short or not. The AH action is too wild IMO. Edit: If RTH pivot (62) hold, will go long - should then be easy ride to yesterday high
Thursday 13th -- double T day? Black or White Thursday? I'd like to see a test of S1 at 833 or S2/Breakdown target at 809/815, then attempt at rally.
Short around 10 am... The after SDD play worked nicely, even with bad Intel earnings and bad job reports, we still opened with an upgap (as we were supposed to), compared to the cash close.... Futures were 853 at the cash close and at cash open around 858-59. It still should go a bit higher and shorting time is around 10 am.... Edit: I guess it didn't want to go higher...
Your entries are hideous at best. If you wanted to short, why didn't you short at the open when we had a decent upgap, instead of waiting for the gap to get filled and going in the red? By the way I expect a rally today....
Pek,if u go back and read the beginning of this journal,he tries different stategies and learns as he goes,he's had many a good trade,i'm surprised you posted that