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Previous Intraday Trading Session: [ 6/28/2013 ]

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TIMEALERTS 
16:27Today's profit: +6.5

 
15:45Trade #13 -- Out at 1607 [+2]

 
15:35Trade #13 -- Sell 1609 -- Stop 1610 -- Limit 1607

 
15:11Trade #11, #12 -- Out at 1603 [+4], [+2]

 
15:11Lower Stops to 1604.5

 
15:09Raise limits to 1603

 
15:07Reversal is likely at 3:30

 
15:06Trade #11 -- Lower Stop to 1608

 
15:05Trade #12 -- Sell 1605 -- Limit 1600

 
15:04Trade #11 -- Lower Limit to 1600

 
15:02A drop to 1600 is a likely possibility now.

 
14:58Break below 1605 might cause me to double down.

 
13:54Trade #11 -- Stop 1610

 
13:52Trade #11 -- Sell 1607 -- Limit 1603

 
13:47Trade #9 -- Out at 1607 [+5]

 
13:44Trade #9 -- Lower Limit to 1607

 
13:31Looks like it is going lower.

 
13:26Trade #9 -- Raise stop to 1605

 
13:25Trade #9 -- Lower limit to 1608

 
13:02Trade #10 -- Stopped out at 1603.50 [-2]

 
13:00Trade #10 -- Exit at 1605 (I don't like this)

 
12:57Trade #10 -- In at 1605.50 -- Stop 1603.5 -- Limit 1616

 
12:55Trade #10 -- Buy

 
12:39Trade #9 -- Raise stop to 1602 (breakeven)

 
12:26Not a very good bullish flag.

 
12:16May add to this trade if we break above the bullish flag.

 
12:14Trade #9 -- Limit 1616

 
12:12Trade #8 -- Out at 1602 [+3]
Trade #9 -- Buy 1602 -- Limit 1613

 
12:10I think we are forming a bullish flag. I suggesting flipping the trade is 1602 presents itself.

 
12:09Trade #8 -- Shoot for 1602

 
12:08Trade #8 -- Sell 1605

 
12:07Resistance has held twice. Lower prices are to be expected.

 
12:06Trade #7 -- Out at 1605 [0]

 
12:06Trade #7 -- Exit at 1605

 
11:53Trade #7 -- Raise stop to 1604

 
11:48May add to this trade.

 
11:44Trade #7 -- Buy 1605 -- Stop 1603 -- Limit 1613

 
11:43Trade #6 -- Stopped 1604 [-2] That wasn't fair.

 
11:34Chart update.

 
11:31Trade #6 -- Stop 1604 -- Limit 1611

 
11:30Trade #6 -- Buy 1606

 
11:30Looks like wave 5 up may be coming.

 
11:20Trade #5 -- Stopped out at 1607 [+2]

 
11:20Looking to go long again.

 
11:19Fighting with the resistance area.

 
11:15Trade #5 -- Stop 1607

 
11:10We have a little resistance at 1608. I think we move above.

 
11:06At 1610 raise target to 1612 and stop to 1608

 
11:05Trade #5 -- Stop 1605

 
10:58Trade #5 -- In at 1605 -- Stop 1604 -- Limit 1611

 
10:56Time for some reverse logic.

 
10:56Trade #5 -- Buy

 
10:55Trade #4 -- Stopped out at 1605 [-1.5]

 
10:44Trade #4 -- Sell 1603.50 -- Stop 1605 -- Limit 1595

 
10:40Trade #3 -- Stopped out at 1604 [-2]

 
10:36Trade #3 -- Sell 1602 -- Stop 1604 -- Target 1595

 
10:36Multiple resistance levels around 1602.

 
10:08Still think there is a reversal lurking here someplace.

 
10:07Seem to be out of the zone this morning.

 
10:07Trade #2 -- Stopped out at 1595 [-2]

 
10:03Trade #2 -- Buy 1597

 
08:13Trade #1 -- Stopped out at 1609.50 [-2]

 
07:58Trade #1 -- Buy 1611.50

 
07:57Bull Pennant Flag on 5-minute chart.

 
07:36.

 
07:34S&P 500 (SPY) and Nasdaq 100 (QQQ) futures are off the highs, but remain slightly in the green, +0.2%. Severely chastised by the markets, the Fed has hurriedly backed away from all of that tapering talk. The Nikkei gained another 3.5% overnight and has quietly put together an 11% rally in June's last 2 weeks.


 
07:28Good morning!

 
 
 
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