Seems like you got your fill on both your limit order and your stop I was considering a short myself, but I like to get some confirmation that price is turning. Also, the big tails (candlesticks) on lower levels is a sign of buyers being active in the market. If they stepped up at lower levels, one could expect them to be active at higher levels as well. That was one of the reasons I was scared of entering a short. Waiting for confirmation saved my ass. Might still head south for the day though.
DTX happier with egypt than the es at this point. es tends to find its way along dtx path. and there be power in tday activities.
You shorted an obvious resistance, but the dtx was out ahead, eur/usd was pulling through res, and es was in an ascending triangle. About 3 other indicators were looking at the couple point break out. Good thing it was sym, or the $54 might have hurt a bit.
I was initially considering a short before going to dinner, but I do not see any opportunity for that now. The TICK has been persistently building value at higher levels, indicating buying pressure. The tails at lower levels also indicates buyers. Several of the sectors are also starting to become green. 4 now as opposed to 2 when I opened my charts. If we don`t close above 1300, that could be a short signal, but I`m not confident to take it now, so I`m off for dinner.
Contemplating another add around if it happens 95.25 looking to exit everything at 1302.75 whatever happens first. NAD
Gekko says ES closes between 296-300. We should go sideways in this range for the rest of the day.... Showing it on the SPX: