John's Intraday Market Analysis

edit: trailing stop hit,
ER2 resistance 743.2, support 740.7
Market stats 2:1 bearish.

ER2 more bearish than YM, ER2 better short.
 
market still weak, looks like traders are trying to fill the gap. ER2 and amex weakest today. YM trying to crawl its way up. I wouldn't be surprised to see a sharp selloff around 12-1 est.
 
I'm done for the day, I hit my goal early.

P/L= $432

Trade summary. Good job on using ER2 stops today. 2 stops were hit on ER2 which saved some money. Need to work on exiting YM at tick extremes instead of letting stops set to breakeven get hit.

Here are most of my trades.
 

Attachments

market outlook for oct 10 is bearish. We are up currently. Er2 weakest, the last few days its been the strongest. YM support 11920, 11905.

ER2 support 747, 742, 739.7
 
You must log in or register to reply here.
Back
Top