Quote from JimmyJam:
Shorting here @ 1438.75, PS @ 1442.75.
For what it's worth, all of my customary indiators are in the red, we're abutting the previous lows for the major indices and they're all looking like a sell.
JJ
At -5pts for the day.
The stats will get better as I refine and become more familiar with the technique, but I can see right now that the CHOP can still be my enemy, and that is something that I'm going to have to mitigate to the best degree that I can, AND (as all shorter-term time frame traders must) just learn to deal with it.
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Yesterday the market was a Roaring Bull before the drop, and a Rampaging Bear before the rise, so I obviously can't use that Compass to guide my trading (by itself at least).
JJ