I have entered an entry sell stop for 1 contract for a day/swing trade. I have placed this at 1139.25. If entry sell stop is triggered, I will then post the protective buy stop. Leaving computer now. Talk to everyone again soon. Edit--I'll go ahead and post the buy stop that will go in place if I am stopped in-- It is 1181.25.
Day low defended to the tick. May entertain the idea of a short later if I can get a read on the price action. Currently in my "dead zone". Nice trade, klinck Trendline on the 30-minute RTH chart is broken as well. Possibly re-testing at the moment.
A test of the 30-minute trend line break points to around 60-62, which would also catch up with the 20-EMA (almost there). For some reason, I`m less convinced of a long from here, considering we dropped as far as we did from the highs.
Climbing higher on a trend line the last 30 minutes or so, visible on the 5-minute and lesser timeframes. I do not think I`ll consider a short unless we break that. Kissed the 20-EMA now. The ticks lost on early execution are usually made up for by waiting for better confirmation EDIT: 59,25 is also yesterday`s close.