sell NQM9@ market (1496) Will beholding these for some time. This market is running in fumes, will be down big.
"Stock Indices: As you can see from the last Alert (see below), our pattern once again produced a nice move as there wasa a selloff of over 20 S&P points the very next day! The powers that be bought'em up one more time to make a slightly higher High During the Globex session on Friday and had a very sharp and strong decline from these Levels COMPLETING ANOTHER SELL PATTERN (can be considered a continuation). This reinforces and confirms other signals that we may be at or near the high of this Monster unprecedented rally since March. This latest continuation signal is a very strong one and can be expected to generate more than the usual one to two day down drafts that recent signals have generated."
"Crude Oil. Pretty much exactly the same scenario as for the Stock indices. Oil dropped almost $3.00 the very next day after last week´s alert then rallied back to make a slightly higher high. Now we have another Confirmation one day later that a move lower is getting ready to begin."
close 1/2 @ market (1470.50) stop on remaining short @ 1479.75 will reshort on any bounce above 1480 Looking to short July crude @ 68.50 OB, will post entry if market approaches this price.
Quote from mTrader09: sell NQM9@ market (1496) Will beholding these for some time. This market is running in fumes, will be down big. close 1/2 @ market (1470.50) stop on remaining short @ 1479.75 will reshort on any bounce above 1480 Looking to short July crude @ 68.50 OB, will post entry if market approaches this price. ===================== closed remaining 1/2 of NQM9 1496 short at 1479.5 Still looking to short CLN9 and reshort NQM9 sell short NQM9 @ 1507.5 limit, all sessions Sell short CLN9 @ 69.45 limit, all sessions
Quote from mTrader09: sell NQM9@ market (1496) Will beholding these for some time. This market is running in fumes, will be down big. close 1/2 @ market (1470.50) stop on remaining short @ 1479.75 will reshort on any bounce above 1480 Looking to short July crude @ 68.50 OB, will post entry if market approaches this price. ===================== closed remaining 1/2 of NQM9 1496 short at 1479.5 Still looking to short CLN9 and reshort NQM9 sell short NQM9 @ 1507.5 limit, all sessions Sell short CLN9 @ 69.45 limit, all sessions ------------------------------------------------ sold short CLN9 @ 69.45 CANCEL sell short NQM9 @ 1507.5 Still looking to short NQM9 and USO
sell NQM9 @ market (1500) will add more above 1515 - depending on market at that time For now - place Stop @ 1521.5