1. gap up, but quickly went down.
2. pullback to EMA and bounced up, market looks strong.
3. pullback to EMA again, if you look at the lower time frame chart, this is actually two-legged, ok to long here.
4. consolidate above EMA, market wanted to go up.
5. around yesterday's high point, double top pullback, 3 big tail dojis, very good short entry, as i mentioned in cobra's daily water post.
6. this strong bear bar shows market is very weak, selling is coming.
7. if you missed the last entry, here is the second short entry, more realible.
8. pullback to EMA, another short entry.
9. range day so far, here at day's low, second long entry, but market was weak, i only closed my shorts, didn't long.
10. market wanted to go up twice but both failed, second short entry here, reliable.
11. approaching yesterday's low support, i closed my shorts at 1848.
12. got strong support at yesterday's low, went to scalp long here, second entry.
i'm out for vacation for two weeks, no report until 03/17/10, have fun guys. |