KTS's NQ Express

S 83.25
ST 85.25
T 78.25

Looks like bear trap. Reversing to long

L 84.75

 

these last half-hour runs can be amazing ...

 

So why does everyone think this is going down? just trying to learn here

 

move ST B/E

 

market will usually test extremes, on the 5 min chart I have a downward sloping trend line. To me we should test the 79 ish low or the 76 low

 

out 83

 

dammit! ES/YM were hanging tough spooked me out

 

Stopped.

Last try of day.

S: 81
ST: 83
T: none

 

Thanks for the explanation

 

L 80