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I think the gap will fill, but not today...or Tuesday for that matter. I think we're retracing here, but not that much. Here's what I'm looking at. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1588461 width=600> Click on link below for full-size chart. I would...

Well, my DOM is back working. Also just had some nice news: Some Sept long-term bond call options I bought in July just hit my sell point for a double. My GTC sell order was hit and filled today. (I was getting worried about them as expiration is only 3 weeks away and they were still...

Well, that's it for me. TradeStation has some massive system failure that locked up my DOM. It took me 10 minutes to get through to the trading desk by phone to confirm that I'm flat (meaning that my long stopped out for a small loss like it was supposed to), so I'm going to go take that shower...

Long on flag breakout, looking for 1478.

HOD on high volume + pullback on low volume = bull flag?

I hate missing this last part of the move. Before the open, I predicted 1478.00. It will be interesting to see if we get there.

That's what stops are for. Sure beats NOT being stopped out.

Hehehe...this is like a Rorschach inkblot test. :D I think JJ has it right. I'm going to take a shower and then see where we are. I really promised myself I wasn't going to trade today, but... :) EDIT: Above yesterday's high, which is bullish. But also overbought on multiple...

Now I see a shoulder, a head, and...

I'm short from 1463.25. I'm trying to trade what I see...and what I see is a triple top. :eek: Aw crap, that messed up my pretty chart. :mad:

To elaborate on what just happened: When I saw the rally starting to run out of gas as it approached the close-the-gap level, I set a double sell stop order two ticks below the 200-bar SMA on my 240-tick chart. The rally had been holding above this 200-SMA consistently all day yesterday and...

My stop-and-reverse order (double sell stop) has been triggered, so I'm now short from 1461.25.

Hey Sax, keep hope out of it! Trade what you see. "I hope" is a big red flag.

Is this curtains for Batman? :)

You could be right. The acid test will come shortly if/when we close the gap (1465.25). I'll be ready to bail on short notice.

I basically agree with that. Hey, I'm doing my part to get it there! :) EDIT: Now above 1460.50, so micro-uptrend is established. EDIT: JJ's 1462 has now been passed. Lookin' good. EDIT: This reaction down-move is on much reduced volume, which is a bullish sign. Hopefully will surge...

I'm long again small siz from 1453.25 with a very close (5-tick) stop. Whether this stop survives will be a good test of the power of confluence. :) We need to get above 1460.50 to establish a micro-uptrend, and then above 1467.75 to establish a resumption of yesterday's uptrend. Not yet...

Stopped out for a small loss. Clearly doing this in AH was not a good idea. Waiting for the open to see what unfolds. So far, this latest down-move has only enhanced the RSI and MACD divergences (the MACD is now becoming a triple), and makes the retracement 61.8% instead of 50%. EDIT: 3 min...

Omigosh! Ya think???? :D :D :D :D Where's Elliott Spitzer when you need him? :)

I'm long (minimum size) from 1456.50 in AH. Calculated profit target is 1478.00, which if realized would be +21.5 gain. I cannot be confident about this target until (1) I see the MAs cross on my 240-tick chart, and then (2) ES breaks above the swing high at 1467.75. But for now it's my working...