TIME | ALERTS | |
16:39 | Trades -- Scalpers: +2, -2, +2, +2 = +4 Sluggers: -2, -2, +2.5, -0.25 = -1.25
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15:56 | TRADE #4 -- SCALPERS OUT AT 1563.25 [-0.25]
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15:52 | Sluggers should lower their stop to 1563.25
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15:50 | Correction -- Lower Stop to 1540 -- should have been 1564.
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15:49 | Trade #4 -- Scalpers out at 1561 [+2]
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15:34 | Lower Stop to 1540
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15:28 | In at 1563
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15:24 | Trade #4 -- Sell 1563 -- Stop 1565 Wait for 1563
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15:04 | >> see chart. If we rise into the apex of the pennant, then we'll short again.
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14:40 | Reversal at 15:20.
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14:38 | Trade #3 -- Sluggers stopped out at 1564.50 [2.5]
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14:37 | Sluggers -- lower Stop to 1564.50
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14:30 | Sluggers -- lower Stop to 1566
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14:15 | >> see chart. We are at the pennant apex now. Also, an downward channel has appeared that indicates a move up. I think it will go down first, then reverse at the bottom of the channel.
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13:30 | Sluggers should sit tight. 1560 is a likely target.
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13:29 | Trade #3 -- Scalpers out at 1565 [+2]
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13:24 | Descending triangle on the IWM 5-minute chart.
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13:16 | Pennant is forming. >> see chart.
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13:11 | They are making us earn this one.
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11:29 | TRADE #3 -- Sell 1567 -- Stop 1569
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10:56 | TRADE #2 -- STOPPED OUT AT 1567 [-2]
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10:20 | TRADE #2 -- SELL 1565 -- STOP 1567
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09:59 | Trade #1 -- Sluggers stopped out at 1565 [-2]
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09:58 | Trade #1 -- Scalpers out at 1561 [+2]
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09:45 | >> see chart.
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09:43 | Trade #1 -- Sell 1563 -- stop 1565
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