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Enjoy this Daniel San and all – me dash school run brb
Small droplets of rain turn into Rivers, Streams and Mighty Oceans
1715 is resistance.
I was going to short as above but dithered.
Sadly above 1715 it can break up so that was really the short to take with a stop above
Plan your trade, trade your plan!
I thi nk Obamaa going talk gab gass in few minutes
Good luck to us all
rgds
zarif
Small droplets of rain turn into Rivers, Streams and Mighty Oceans
I am looking to short any moment now having missed 1717 by the 0.25 point curse.
Plan your trade, trade your plan!
I have no idea if I am in for drawdown city in TREND UP.
I am basing it on my original plan to short 1515/7 and also the fact we have now fulfilled my niggle and printed the +3 from the KHC SYSTEM.
I see TRIN rising fast which is usually a pre cursor to a fall due soon.
VIX/VXN however are down heavy and charts remain TREND UP.
Plan your trade, trade your plan!
Oh well the next short will be 1723/5 area.
TRIN remains high which is good for bears going forward (telling me this rally is false) however DOW is now recovering.
It is very hard to go against TREND UP and short and survive.
I have successfully done that but feel today is dangerous to do so.
Still lets see what I do at 1723/5 area
Plan your trade, trade your plan!
1726.75 was the previous high on ES on 19/09/2013
SPX was 1729.86 around the same time.
As it stands I would say that it can overshoot and SPX should print that 173x.x print.
However as we are close I am thinking I may want to build shorts.
Very tough call as this is TREND UP in QE mode and soon we shall have XMAS rally pollux.
Plan your trade, trade your plan!
Against that DAX/FTSE really are not taking part. in this US rally.
It is a very tough call.
Basically the dilema is to get caught or not to get caught
Plan your trade, trade your plan!
1724.75 hits (vs my 1723/5 next short area).
I am still on hold to short further.
Plan your trade, trade your plan!
The problem is SU days usually remain SU all day with a burst into close.
SU level is currently 1720.
So I want to try a short here at 1724.25 on the secondary move up just as a test if SU level.
3 point limits in.
Plan your trade, trade your plan!
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