TIME | ALERTS | |
15:17 | Darn, Trade #3 would have worked.
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14:36 | Trade #3 -- Cancel. We are too late.
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14:33 | Trade #3 -- Sell 1584.50 -- Stop 1586.50 Wait for 1584.50
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14:29 | I think there is another move down to 1580
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14:01 | Trade #1 -- Sluggers out at 1582 [+9]
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13:45 | Sluggers -- Lower limit to 1578
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13:44 | Sluggers -- LowerStop to 1582
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13:40 | Sluggers -- Lower the Limit to 1579 and Stop to 1584
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13:29 | See chart. I was going to say we should see a move up to the bottom blue line before going lower, but the market beat me to it.
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13:14 | IWM wants to make another leg down to the 90.50 level from it current 92.11 price.
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13:12 | Bull flag on 15-minute chart failed.
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13:10 | Sluggers -- current limit is 1580. Looks like 1578 is possible. We may lower the limit, but keep it at 1580 until instructed to lower.
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13:06 | Sluggers have a 6 point profit locked-in.
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13:05 | Sluggers -- Trade #1 -- lower your stop to 1585
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13:04 | DJI breaking below bottom line of upward trend going back to the 25th.
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12:58 | Sluggers -- Trade #1 -- at 1584 lower your stop 1587
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12:56 | Trade #2 -- Everyone out at 1585 [+2]
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12:40 | Trade #2 -- lower stop to 1587.25
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12:30 | Expect a breakout in the next 15 minutes. Hopefully down.
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12:26 | Bulls and Bears are duking it out. Bears are repelling the Bulls who are soon going to run out of juice. The only positive indicators are the kind-of-sort-of bull flag on the 15-minut chart, and support at 1586.25.
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12:17 | 15-minute chart appears to be in a bullish flag formation.
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12:12 | Just to be clear. Everyone takes profits at 1585 for Trade #2. Sluggers, you are still in Trade #1. Questions? Post in the chat room.
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11:57 | Trade #2 -- Sell 1587 -- Stop 1588 -- Limit 1585
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11:44 | Move down to the 1583-1582 level is looking likely.
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11:43 | See chart. 10 and 15 minute charts look like the rally ran out of steam.
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11:40 | Let's see if it drops below 1586. That would give me confidence of a move lower. Tricky area we are in now.
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11:38 | Now I am concerned. The eS is moving sideways. So another leg up is possible. May cash in here.
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11:28 | Chart update
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11:27 | The raise has been a 38.2% retracement, and this level has been show strength as resistance.
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11:19 | See chart. Support was found in the area of the two blue lines.
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11:15 | 10-minute chart formed a reversal canlde formation known as a 3-inside bullish candle. That is usually good for 5 points, a level we have reached.
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10:57 | I would raise that stop to 1588.50
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10:28 | Sluggers should take profits at 1580.
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10:28 | About a 9 point profit here. Lower stop to 1588.
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10:26 | About a 9 point profit here. Lower stop to 1588.
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10:11 | Bears won that one.
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09:57 | We have some long tailed candles. This usually points to a reversal, but we have so many of the them that I think the bulls stepped in and are being beaten back by the bears. We'll see shortly who wins.
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09:45 | Sluggers -- I expect the market to drop throughout the day, so I am holding the stop at 1590 with a target of 1580.
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09:32 | Sluggers -- lower stop to 1590
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09:31 | Trade #1 -- Scalpers out at 1588.75 [+2]
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08:52 | In at 1590.75
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08:51 | Trade #1 -- Sell 1591 -- Stop 1594
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08:37 | Moving lower as of 8:00 after candle reversal. Should have been up a little earlier. I would short if it bounces back up to 1593.
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