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Here's Wed-Thursdays setup. Note: I normally don't trust the internals the first and last 30min of trading, but this pattern was interesting to make note of.

Well I'm back from my 30min nap. I was looking at some more patterns.(Gotta do my homework to make some money :p ) The TRIN was moving up the last hour of trading yesterday which was confusing. It did the same thing on wed. But we got the same pattern on the open the next day, a touch to...

I think I'm done for the day so here's my market summary: Today was typical choppy friday during the time I traded, staying in a 30pt range on YM. Things learned: increase size on scalps during range bound days. P/L= $100

Well, here's the DAX for the Day, started up, and sold off. Will we see a similiar pattern in the US markets?? <a href='http://www.advfn.com' title='Free stock charts & share prices from ADVFN.COM'><img border='0'...

So far, today looks like a good range day to trade off tick extremes. STOP GUNNERS,,,ARGGGHHHH!!! I say they do EXIST!!!:D

stopped out. Also, SMH didn't follow through to the down side.

er2 stop 738.1, ym 11787. TICKs just hit a low, that's why I'm tightening stops.

stops lowered, SMH starting to rollover. A sell stop at my key point from earlier may be a good idea for an add to this position.

stops tightened

here we go,,looking to tighten stops soon.

short breaking pts ER2 738.4 YM 11790. SMH at top of trendline,,,it better go down or I'm gonna worry about this trade.

lets see if I'm right,,,gulp..

short er2 738.9, stop 740.7, target 736.9, using trailing stop, may look for more if we break lower.

short ym 11793, stop 11803, target 11765, with a trailing stop

This is what happened on YM when we broke through the critical level. I would say 11770 to 11765 is critical support level on YM for today. If broken, maybe we get a selloff to 11735.

Interesting,,,very interesting...:D

SMH still looking very similiar to sep 21, although the time frames are off. Will we sell off slowly in the next 15min???

The volume is pathetic, I'm gonna see if this pattern I'm looking at from sep 21 replays itself today. The charts on the left are sep 21, charts on the right are from today.

So far the market looks like crap to trade. 2 thursdays ago, we had a similiar morning pattern.

VIX bear div., TRIN flat, TICK choppy. Indices in tight range and very volatile this morning.