IWM hasn't made an A-up for me yet...SLV above the pivot. I usually don't like getting long or short into a big gap up like this because it usually isn't the best R:R.
10.20 am . CL is back up @97.10. I am short again @97.08 with stop loss @97.21. Will be booking profits if I can with small target to get free trades.
RIMM was my intitial short play, A-down from 12.83. Had an offer out at .80 and never got filled, oh well shit happens! Instead I'm short SPY on the failed a-up, prob not the best play lol!
Out IWM @ 73.03. I will re-enter when something does an A, on the sidelines in the mean time. Keep my short on SLV but will close as well if it doesn't clear the range soon.
Agreed, That said, here are some folks potentially failing the A down: MRK, PFE, TLT Could be potential there, I'm not in just yet personally