KTS's NQ Express

[RocknRide]

Quote from RocknRide:

L: 2127.25
ST:2125.25
T:2132.25

Let's see if the daily PP holds. Mine showing as 2125.5, so my stop just below that

Wow, quick up move! Looks like a 2 bottom now.

DTL at 2130 and prior resistance at 2131 what I'm watching now.

Stop to BE+

 

[RocknRide]

Quote from RocknRide:

Wow, quick up move! Looks like a 2 bottom now.

DTL at 2130 and prior resistance at 2131 what I'm watching now.

Stop to BE+

BE stop hit. Price stopped cold at DTL

 

[inks2002]

what does dtl mean?

 

[RocknRide]

L: 2126
ST:2124
T:2131

 

[RocknRide]

Quote from inks2002:

what does dtl mean?

dtl = down trend line

utl = up trend line

 

[inks2002]

long 27

 

[RocknRide]

Quote from RocknRide:

L: 2126
ST:2124
T:2131

Stop to BE +

 

[RocknRide]

Quote from RocknRide:

L: 2126
ST:2124
T:2131

Moving my target up to 2136.

Reason: that was a nasty shakout of longs at daily PP. These types of moves usally create a HH in the trend.

2136 is definately pushing it and may close out sooner due to PA.

 

[RocknRide]

Quote from RocknRide:

L: 2126
ST:2124
T:2131

BE stop hit. Could not break that DTL... this is some ugly action. I'm going to stay out till it chooses a direction.

 

[inks2002]

out 28.75 too much whipsaw for me