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The lack of selling at the open has worried the short in me...

Letting the rest of the position on trail mode

taking some off at 9, you never know... And again at 11.75

long NQ average 5.75 stop under 2.5

Short 33 stop above 36.25 scratch

Basic but essential psychological stuff applied to trading. The book is worth the $40.

B1S2, since you are not initiating any new short position now although the market bounced into your 850 area, should we assume that you expect more buying pressure or that you didn't get a safe entry yet?

Thanks, one of these days I'll have to take a deeper look into your hedged positions stuff... it looks like it's working well for you. Just another item for my tool box. :) To me, the 36-45 move seems to be only consolidation, thus I would expect more downside but what do I know...

Yeah it was disappointing, I expected more selling pressure and we only got a 17 pts range down day. They might give us what we want in AH but I'm not sure I'll be there to profit from it.

I'm not holding that overnight. Out 38

scratch... too much noise for my taste

short NQ 24 stop above 27

Not sure about your line Sal. But for what it's worth, it's also the 50% retracement level of the move started on 04/07 at 810.75 up to yesterday's high.

You got that right, the market couldn't get up to 872 and 861.25 looks like at least a multiday top. In any case I'm happy with what the market does. You know what they say, never marry a position or an opinion... 820 still possible before eod if the 840 zone shows enough resistance. Let's...

Looking good for a sell off. NQ broke yesterdays low, ES is back under 42.5.

It looks like it is done. Pump & Dump Inc. ?

Yep, looking at the same thing. If 40 breaks, 820 is the next stop.

short 52.25 stop above 55

The 54 zone should be hard to break.

Nice. Hope you close that in the green. That reaction off the highs is interesting and worth looking at from a reversal point of view given 855 holds as a resistance.