Volume seems to be slowing. I'm guessing we will get another trendline touch to the top side, then sideways, I'm having a hrad time considering going short at this point
I'm out right now, average price was 721.6, I exited too soon around 722.-722.5.
stops are .5-1.5 pts. targets are the same, and I try to hold onto some contracts to let them run with a stop above break even. I'm going to eat, and watch, things look slow and choppy.
Finally, that was stressful, Unfortunately 2 cards mysteriously got hit from my sell stop at 720.6 when the the price was at 721.4,,,I'm not sure what the hell happened,,at least I re-bought after taking the hit and exited for a gain.
The market is down right now, but I'm watching SMH to break 33.70 for a reversal. 725-726 is support on ER2. 731 resistance. YM looks stronger to the upside and needs to break 11620 for upside potential. We are at a 50% retrace level on the 7 day time frame for YM. 4REs' numbers look good on...