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Stopped out at 1491.25 for +2.5. Got down to 1489.00 (3 ticks from my limit order), then spiked up and caught my trailing stop. Ah well, +2.5 is better than a poke in the eye with a sharp stick.

Downside breakout through support at 1491.75 now. Went short from 1493.75 at 2130ET, but been going nowhere until now. Hopefully will see some downside now that the DAX is open. First target 1488.25.

How about the fact that the market was extremely overbought and approaching overhead resistance? Does news move the market, or does the market move the news? Matters not to those who trade what they see.

Added short at 1481.50, now full-position. Initial target 1476.

Short from 1484.00, half-position.

Previously posted chart (few messages up) showed that 60-min TL. Now busted all to hell.

TL penetrated decisively. Retest of highs at 92 probable.

Bulls are really impressive. 60-min TL just kissed here at 1483.00. If TL breaks, next stop, 92 and DT.

Impressive hammer on the 15-min.

One possible scenario here... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1703036> Of course another is a DT at 1492, and yet another is another push to 1510 before the big fall.

I am impressed! I did not see this magnitude of rise in the AH. Hats off to those who did and played it.

In AH, short from 1466.00. EDIT: That wasn't a good idea. Out for -1. I'll look to short again higher in the 67.50-69.00 area.

Guess not. Out at 1464.25 for +1.5, now flat and done for the day.

Short from 1465.75, hoping there's time to run some sell stops at 1462.

RTH=regular trading hours PA=price action

Which way :confused: My vote is down.

Doesn't something usually happen at 3:30 pm ET? :)

Stopped out at 1470.25 for -2.5. :(

H&S works on all timeframes. However, the H&S is not confirmed until the the price penetrates the neckline after the right shoulder. Some consider that it is not confirmed until it then re-tests the neckline and fails.

Short from 1467.75. I understand the phoney numbers on the DOM. I'm asking about actual trades on the time-and-sales window, which is another matter altogether.