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I've redrawn the channel to better fit the price action. Also, notice that a bear trend line that began on Friday has been broken.

Given the recent BOJ announcement, my instincts say that we retest the top of this channel by the end of week, which means that we should get hit 1480 by then.

This reminds me of a statistic another trader once quoted. Back in 2008 I was working as a software development consultant and my client was a prop firm. My manager at the prop firm used to go to one particular trader there to get advice on market direction and how much he should be invested in...

If we bust out above this trendline, we'll retest 1424.75

No, it isn't criminal, it's just something called short selling.

Besides AAPL and GOOG, GS, BIDU and JPM can be very good for trading options.

UVOL- DVOL. Wow.

Yep, that's it.

GS at 153.67, hod and a new high in the up trend that began on 9/30.

GS, hod.

GS hod at 152.24. It looks like it's headed to 157 area over the next week.

Check what programs and services are set to run automatically. Disable the ones that you don't need. Defrag your hard drive. A fragmented hard drive can slow down your computer by increasing the amount of time that is needed to read data from disk. Removing files and uninstalling programs that...

Really? So, given two daytraders who use TA as their primary tool, one with a successful ten-year track record, and one who has lost money each year for ten years straight, who would you rather have manage your money? If you really believe that there is no skill in daytrading, then your reply...

There are options offered at $.01. See the attached picture of the GS option chain. I don't know what the 150's were offered at this morning, but given that GS was trading below $139 and that this is the day before expiration, it is not improbable that the offer or maybe the bid was just $.01.

That's nothing. Check out the chart for the July 150 calls. If GS opens tomorrow at the price that it's at trading now, they'll be worth at least $3.13. Someone bought hundreds of them for $.01.

Bull flag?

Payrolls were down 125,000 as opposed to expected loss of 130,000. Unemployment was 9.5% as opposed to expected 9.7%. http://www.marketwatch.com/economy-politics/calendars/economic

From the New York Times: "LONDON — Alcohol-induced behavior has produced many unintended consequences, but pushing up the global price of oil and losing $10 million must rank among the most novel. Britain’s financial regulator disclosed on Tuesday that Steven Noel Perkins, a former oil...

ES 5 min chart with bear trendlines:

EUR/USD tanked at the same time. It might have something to do with China's announcement that the dollar/yuan exchange rate will stay fixed on Monday.