Well we couldn't get a move down in the over night session i just got stopped out by a few ticks with a touch of the 15m 50sma again.
Out @ 10175
Back at it tomorrow. Tracker will be up to date soon. Good night!
Monday, January 25, 2010
YM Target #1 Hit
Very nice move down at the close to hit our first target.
We are out @ 10140
2nd target is @ 10105
Move your stop to breakeven @ 10175
Great start to the week. Lets hope AAPL can push the market lower in the after hours.
We are out @ 10140
2nd target is @ 10105
Move your stop to breakeven @ 10175
Great start to the week. Lets hope AAPL can push the market lower in the after hours.
YM Update
The dow and the rut are the laggers of the 4 with this move up in the last few bars. We will work this trade a little while longer but if we continue up through the 15m 50sma then I will cancel it.
YM Short Entry
Symbol: YM
Chart: 15m
Entry: Sell Stop @ 10175
Stop: 10209
Target 1: 10140
Target 2: 10105
Target 3: 10048
Chart: 15m
Entry: Sell Stop @ 10175
Stop: 10209
Target 1: 10140
Target 2: 10105
Target 3: 10048
SOH
So far we have nothing doing. I'm just seeing to much chop to jump in to anything. Internals are not giving anything away so we might not have any plays until the afternoon.
Morning Update
Good morning everyone. Well the market made a gap to the upside but so far we have seen no follow through so that can't be a good sign for the bulls. Everything I'm watching is still in chop mode. We shall see if we can get a trend going in something. It looks like my data provider made some progress. I have friday's update listed when I was out of the office but I'm still waiting for today's. I'll post it up as soon as I get it.
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