| TIME | ALERTS | |
| 20:55 | SUMMARY
As for indicators today, we had 3. The first was the upward channel the ES worked its way through in the morning. The second was a level 3 OSS reversal that showed up just as a breakout of the upward channel looked like it was about to happen. We shorted the market, but right before the big drop, a pull-back stopped us out with a +3 point profit. A better Stop would have resulted in something around a 25 point gain.
The third indicator was the rare astrological configuration between the Moon, Sun and the Uranus/Saturn square which reached its maxium influence today. Since the 19th, the market has had 6 out of 7 down days with today being the largest loss.
Trades: +2, -.25, -.25, +3 = +4.50
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| 15:40 | I was right about 1400, but didn't play the Stop right.
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| 15:38 | On our way to 1400?
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| 15:19 | Long trade here could be worth 3 points.
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| 15:19 | Stopped out @ 1405 [+3]
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| 14:58 | If we get good news, then its off to the Moon. Go long on good news.
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| 14:45 | 13,10 and 15 minute candles pointing to a cit (change in trend).
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| 14:43 | Candlestick reversal along with the RV @ 2:25. I think we will get stopped out.
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| 14:39 | No candlestick reversals in view.
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| 14:37 | News: Comments about fiscl cliff coming around 3pm EST.
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| 14:36 | Last hour could be volatile.
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| 14:35 | Chart update. RV @ 2:25
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| 14:33 | Stop lower to 1405. Getting risky now.
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| 14:27 | Still holding out for a return visit to the lows of the day.
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| 14:27 | 1403 coming up. That would be a 5 point profit.
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| 14:25 | Chart update. Red rectangle is the most frequent time cycle today. Watch for CIT within the rectangle.
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| 14:13 | I don't like the fact we have not dropped more in the last hour. If you are getting nervous, take your profit here. I will continue with the original trade.
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| 14:09 | I see ProtonRick has recommended some astrologic software in the chat room. Thanks, Rick.
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| 14:00 | I am looking for something in the area of 1401
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| 13:57 | We are at 3 points of profit if you want to scalp.
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| 13:56 | stop move to 1408
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| 13:53 | Just waiting for it to drop.
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| 13:14 | Finally breaking out of the upward channel. see chart.
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| 12:21 | Sell @ 1408 - Stop @ 1411
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| 12:17 | The ES is still moving within the upward channel. With the reversal at 12:30, this should be a breakout to the downside.
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| 12:04 | Out @ 1407 [-.25]
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| 11:37 | Stop lower to 1407
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| 11:36 | Chart update
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| 11:34 | RV @ 12:30 levle 3
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| 11:24 | I forgot to add a link to the chat room. Please look next to the link for today's chart.
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| 11:17 | In @ 1406.75
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| 11:16 | Sell @ 1407 - Stop @ 1410
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| 11:14 | Things are lining up for a dip.
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| 11:08 | I have to leave for a little while.
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| 11:07 | That was a false breakout to the downside around 10:15. That means look for a breakout to the upside. Now that we got the upside breakout, we are in a bearish position again.
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| 10:52 | Stopped out @ 1409.00 [-.25]
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| 10:48 | Buy now stop 2 points price is 1409.25
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| 10:44 | Stopped out @ 1406.75 [+2]
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| 10:42 | Game on!
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| 10:41 | In @ 1404.75
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| 10:38 | Buy @ 1404.50 - stop 3 points
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| 10:38 | Buy where you can. Just get long
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| 10:34 | Call it a gut feeling, I think we are going higher today.
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| 10:27 | Could turn into a "W" reversal here. Watching.
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| 10:23 | Cancel the 1400 trade.
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| 10:19 | I have a feeling this could move to the upside on news.
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| 10:19 | Still waiting.
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| 10:13 | Waiting for 1400
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| 10:12 | Sell @ 1400 - Stop 2 points
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| 10:11 | Watching for a breakout to the downside.
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| 10:09 | Scalpers can play this channel for a few points. I would play bounces off the top.
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| 10:05 | An upward channel has formed since the open.
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| 09:56 | Just watching now.
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