1143-1158 estimate today for /ES (15 points, June contract) 1145.50 -1155.75 actual today (10.25 points) Pretty close.
Trades: In /ES at 1139.25 yesterday, sold today at 1150.75 (gain of 11.50) In /ES at 1147.75 today, sold at 1150.75 (gain of 3.00) In /ES at 1151.25 today, sold at 1154.75 (gain of 3.50)
That's why I don't day trade because I can't get it right but at the same time, even though the S&P hasn't moved much, individual stocks and leveraged ETFs have moved more substantially. I guess it's better just to short the indexes straight out if you are bearish.
But, if I am understanding you correctly, we also need UUP to close above 23.75. $RUT looks like it closed at containment, no?
Carl at day’s end:
1143-1158 estimate today for /ES (15 points, June contract)
1145.50 -1155.75 actual today (10.25 points)
Pretty close.
Trades:
In /ES at 1139.25 yesterday, sold today at 1150.75 (gain of 11.50)
In /ES at 1147.75 today, sold at 1150.75 (gain of 3.00)
In /ES at 1151.25 today, sold at 1154.75 (gain of 3.50)
Grade A
it may be worth pointing out that termination of a bullish setup is not equivalent to the beginning of a bearish setup.
Man he is good. And good buy at the close Earl.
Carl just sold long unit at 1154.75
AAPL is showing positive money flow. Buyers are more aggressive than sellers.
Back in TZA at the close.
XLF is creeping closer to 15.82, where it will terminate it's bullish setup.
http://www.flickr.com/photos/47091634@N04/44234…
AAPL is out of room to run if the capital capacity of it's regulator hasn't changed, friday's high came within .6% of it's regulatory limit
That's why I don't day trade because I can't get it right but at the same time, even though the S&P hasn't moved much, individual stocks and leveraged ETFs have moved more substantially. I guess it's better just to short the indexes straight out if you are bearish.