NQ DT 02/03/10

black

1. gap down and rally to yesterday's high, but failed to break out.
2. rejected by yesterday's high, the drop was strong but still above opening, range day?
3. new high, but it was a big bar to the resistant and a small bar breakout, it looked exhausted. don't' chase here.
4. here are 3 big overlapping bars. the first one was trying to down but rallied back, the second tries go down again and the third rallied back again. market tried go down twice, both reversed back, it's likely it will go up from here. long higher high one bar after the big bull bar, stop loss at one tick below.
5. second chance to take long at higher high, more reliable. note the pullback did not hit the long stop loss at 4.
6. new high, possible up trend day?
7. strong breakout, new high.
8. breakout pullback, long higher high here.
9. breakout failed, stopped out here and entered a tight trading rang, caution fake breakout here.
10. strong breakout and new high, strong ending day?
11. pullback again, market not as strong as expected, caution long. but don't short since still, it's an uptrend day. it's already late of the day, maybe it's good idea to call it a day.

yoyo

SF

Cobra

Very good, thanks.

whzdf

summer123

this is for Wednesday,  not Tuesday, my guess.

benshou

atrader

thanks

gidar

thanks

slcgh

wyjhyd

man_student

Thanks,

michaelzhang

xnz

thanks

X中国陆军

hannah

胡同人各个都有两下子.

coexist

acoust

BigFan

thanks your info.
for today's chart i just get only one feeling: too many fake break through.
for your experience, what cause that or just stand for bull losing power?

thank you very much.

不怕被套怕枕套

顶

bucks