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Hi all – indeed Kman. Feels very weak tho, with ESL SPXD BDIP and KTS tempted to short here. Any resistance level?
DIYD – DIYD…….
Here we go again. Crooksday was up so we can assume WNER will be up. <span style=”line-height: 1.5em;”>SYSTEMS are so thin on the ground.</span> Still waiting for another MS short to trigger. I maybe wrong but I get the niggling feeling we are off up again for a bit. Lets see what globex / tomorrow brings Thanks to Smashie, I am out of holiday mode now and ready for daily bankings again.
I think your hit and run strategy is gonna pay off big this year, if the first couple of trading days in January is anything to go by, so goes the year ?
Probably be a go nowhere year of pure chop, may be a triangle type of range.
I hope so Smashie, because when one tries to think direction, it flips the other way.
I was not 100% sure of more up after GFS triggered for a fill, hence I closed.
However I did think that WNER should keep it up and that the next main move can be upwards again.
Now this all looks bearish and on target for 1820.50 gap fill.
Plan your trade, trade your plan!
Sure Qman, I see it but hard to assume any weakness on WNER day for me as even if its weak, it may not go up, it does not come down. However resistance remains at that 1838 level. Above that can target the 1846 gap.
It filled gap at 1837.75 and went to 1838.75 before this.
I did not want to short resistance at 1838 on a WNER day.
Missed it but so be it as am short enough already
Plan your trade, trade your plan!
-20 on a WNER day, who would have thunk it ?
Good thing you stayed off longs kman, dodged a bullet there..
ZH thinks it was FED’s lockhart’s comments which caused the fall:
http://www.zerohedge.com/news/2014-01-13/lockhart-posotive-hawkishness-sparks-tapering-tumble-stocks
Indeed fell very fast Smashie.
I was saved by not longing but I I did not short 1838 resistance / gap fill either due to WNER and days target done.
Since New year this has been in “make a fool of you if you think direction” mode.
Nice to see 1812 MS target next. I have limits to close my 1817.25 MS short at 1812.25 for 5 points
Plan your trade, trade your plan!
-23 prints and still no sign of this stopping falling.
This completely changes everything.
Lets see where we close
Plan your trade, trade your plan!
Kman, can you kindly recap where the MS targets below are again please ?
I recall there was another that triggered at 1805 before the contract rollover..
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