TIME | ALERTS | |
15:53 | Trade #2: Sluggers strike out @ 1537 [-3]
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14:27 | Sluggers lower Stop to 1537
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14:26 | The apex of a pennant often produces a reversal. In this case it should be a reversal up.
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14:07 | Sluggers hanging tight.
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13:59 | Candle reversal down on the 10-minute chart.
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13:35 | Trade #2: Scalpers out @ 1542 [+2]
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13:08 | See chart. Waiting for a breakout of this pennant.
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12:58 | The early part of the week is an OSS reversal period. We could see today's gains erased tomorrow, or even before the close today. For right now, the markets still want to go higher. If things breakdown, it should turn into a steep pull-back.
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12:50 | Market has been forming a pennant since 10:45.
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11:10 | I have to leave for a few minutes. Let the rally continue.
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11:09 | Buy 1540 -- Stop 1538
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10:59 | A little bit of a pull-back here. I think the market is just taking a rest. Looking for an opportunity to catch the next leg up.
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10:28 | Conflicting signals. This usually means the trend is going to continue.
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09:54 | Trade #1: Stopped out at 1536 [-2]
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09:43 | Sell 1534 -- Stop 1536
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