| TIME | ALERTS | |
| 15:48 | TRADE #11 -- out at 1615 [0]
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| 15:47 | Lower stop to 1615
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| 15:46 | 15 minutes to go. Not likely we'll get the drop I was looking for.
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| 15:20 | There is an "F" flag on the 1-minute chart. The market is at the bottom of the flag. This could be the breakout to the downside.
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| 15:15 | Instant alerts are down.
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| 15:13 | Just waiting to hear that toilet flush.
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| 14:32 | Pennant on 1-minute chart pointing to lower lows.
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| 14:29 | Trade #11 -- This could be a toilet flush. Target could be 1600.
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| 14:27 | Trade #11 -- Sell 1615
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| 14:22 | Trade #10 -- Out at 1616 [+2]
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| 14:19 | Trade #10 -- Buy 1614
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| 14:13 | Trade #9 -- Stopped out 1619 [-2]
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| 13:57 | Trade #9 -- Buy 1621 -- Target 1624
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| 13:41 | TRADE #8 -- Stopped out at 1617 [-2]
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| 13:40 | TRADE #7 -- Stopped out at 1618 [0]
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| 13:37 | Bull flag is forming on the 10-minute chart.
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| 13:29 | The bull flag would have played out at 1622.
I have my eye on 1623.
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| 13:24 | Trade #8 -- Buy 1619 (doubling down)
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| 13:23 | Move stop to 1618
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| 13:20 | Raise stop to 1618.50
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| 13:20 | 1-minute chart bull flag. Should take us to 1624.
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| 13:10 | Not seeing any reversal signs yet. Let the bulls run!
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| 13:08 | Now, do we see a reversal or this where the day turns around?
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| 12:55 | Watch out for a reversal at 1620. If you can get through 1620, I think a rally will get under way.
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| 12:48 | Trade #7 -- Buy 1618 -- Target 1630
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| 12:48 | Ouch! Worst day ever. Down 10.5 points. :-(
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| 12:42 | Trade #6 -- Stopped out at 1615 [-2]
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| 12:35 | Looking back, the megaphone pattern worked-out nicely.
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| 12:33 | Things are looking more bullish. Be ready to raise the target.
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| 12:28 | GLD ready to pop. Most likely to the up side.
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| 12:26 | Target 1620. May raise if the market starts showing strength.
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| 12:25 |
Never got back to 1615.50
In at 1617
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| 12:25 | Trade #6 -- Buy
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| 12:20 | Trade #6 -- Buy 1615.5
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| 12:14 | I saw a bearish setup, so I wanted to get out.
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| 12:13 | Trade #5 -- Out at 1617.5 [-1]
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| 12:12 | Exit at 1617.5
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| 11:57 | Lower stop to 1616
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| 11:56 | Trade #5 -- Buy 1618.5 -- Target 1630
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| 11:50 | Everything is falling in place for a reversal up. 1620 to 1618 is the reversal range.
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| 11:47 | Looks like that bear flag is going to fullfill. That would give us a buy around 1620. We are at yesterday's low.
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| 11:41 | That went too fast.
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| 11:40 | If we get 1625, shoot for a target of 1633.
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| 11:38 | Breaking above resistance.
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| 11:37 | Trade #5 -- Buy 1625
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| 11:36 | Trade #4 --Stopped out at 1626.50 [-2]
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| 11:34 | Megaphone pattern on 1-minute chart. Should take us to the 1620 level. I would be a buyer at 1620.
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| 11:31 | Trade #4 -- Sell 1624.50
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| 11:23 | At resistance now.
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| 11:17 | Market is oversold. We should be looking for an opportunity to go long.
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| 11:09 | Trade #3 -- Out at 1626 [-1.5]
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| 11:07 | Exit
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| 11:05 | 1621.50 was yesterday's low.
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| 11:03 | Bear flag on 5-minute chart. 1620 would complete the downward move.
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| 10:59 | Things could begin to move fast to the downside.
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| 10:58 | Trade #3 -- Sell 1624.50
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| 10:55 | Market is dropping below support
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| 10:48 | Trade #2 -- Stopped out at 1626 [-3]
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| 10:43 | CORRECTION --------- We are still in the trade. Target was 1632.
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| 10:32 | Trade #2 -- out at 1631 [+3]
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| 10:26 | 1633 is 61.8% retracement area
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| 10:25 | Target is 1632
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| 10:23 | In at 1629, stop 1626
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| 10:22 | Trade #2 -- Buy with 3 point stop.
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| 10:21 | Trade #1 -- Stopped out at 1627 [-2]
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| 10:15 | Trade #1 -- Buy 1629
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| 10:14 | Get ready to buy
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| 09:58 | Reversal at 10:15
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| 09:52 | I think we bounce soon.
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