Trading
Taking first short stopped, -2. But next short in at 9:59 and out with 10. Next trade triggered long 11:30, out with a couple with up hit at 11:39. If short 12:27 watching intraday 50R nailed low. Taking long with price above 7T level at 1:07; 50R of 2 day range nailed high, 5+ points. Loading up on shorts at 2:01, 10-15 points. If long 3:06 no loss; forget about shorts after major double bottom holding.
Call - "On Thursday watch for swings with 0 result (this means price returning to some key opening level), 50Rs, head and shoulder patterns and equal time counts."
Result - HOD 50R of 2 day range.
Call - "Additional cycle (4TA-) in play from 9:46 all the way to 11:14; adds to down pressure. Price should confirm move by dropping further right at 9:46. Down and very sharp drops possible into 11:00-11:14.
Looking for rebound up into 11:39."
Result - Big drop 9:46 to 10:20 area was easy short. Lows 11:00 and 11:14, then up into 11:37.
Call - "Down pressure after 1:57 and very strong general negative at 2:10 should take markets lower. This will also have some spillover."
Result - 20 point drop to new lows into and after 2:10.
