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C's buy recommendation is back on off the Daily chart's formation @ current $19.38 mid with no prisoners taken scale out target of $21.50 with a 1:1 risk/reward.

2 would do. It's a well established methodology in conventional TA to watch out for times when price has been in an uptrend and whenever you get 2 averages crossing over 2-3 times creating narrower gaps between the 2 that is a sign of a weakening upside. The opposite goes for strengthening price...

I don't know which crossover method's being used, but ImPO if you are talking about intraday action then I consider multiple crossovers as a better indicator of either strengthening or weakening price action. Weakening near HOD after a run up & strengthening near LOD after a decline :)

where would be the stop?

If I know by now that everything depends upon risk/trade management, then it surprises me that so many people that been trading for much longer than I have don't seem to understand it & keep argueing about who came up with more better suspiciously weird calls. I have a suggestion for you...

Hey Tommy, I know it's a line chart & they don't carry enough info & just plain wrong in 21st century LOL, but lack of info sometimes is good to see things more clearly. Looking at histo channel's width & absense of defensive action (no sharp lows) doesn't indicate to me that downside is...

TY! I don't think it would have been possible to achieve if I was to bank on 1-2 trades, you must have noticed me posting a hard stop of 10 on most trades, that's basically a buffer zone which allows me to take on average about 6-7 trades that end up being a loss. It's just another way to...

CUL8ER Tom, good luck! TY Ammo!

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1970151>

QUOTE]Quote from JSSPMK: Short 1313 off 1, stop near 1314.50, absolute stop +10 -1.75 Re-entered off 2m chart (1313.5 same stop out conditions) -1.25 Short 1321.25 off 3, stop near 1322.5, hard stop +10 -1.5 Short 1322.25 off 3 & 2, stop near 1324, hard stop +5 -2...

ES trading below both important support levels of today's uptrend

SPX has to close above 1318 for this to be considered an average call

Scaled out 2/3 +6.25

Take out 1320 SPX & we have a downside momentum ImPO

Short 1325, stop near 1327, hard stop +5 They have to take out 1320 SPX, C'MON!!!

Short 1321.50 50% position, stop near above HOD, hard stop +10 -2.25 don't like it

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1969836>

yeah, lkjsbdlfibalwieurhp894359p8258ewlkf edit: a break of 1320 SPX would break today's trend ImPO

Bulls are reloading according to 2, 1320 SPX stood 1/3 closed +0.25

You're quite a ladies' man I see :)