Got in this around 8:20am MT
Author Archives: swing4it
$YM Short the #Binary 14005 at 56.00
Market still bullish. Volume is light, Be Careful.
I have looked at many opportunities to go long today. The majority of stocks have a nice price pattern but the on balance volume is not trending in the same direction. With this said I am also looking for shorting opportunities. This does not look great either. I did not find anything today I want to swing or position trade. Keep your stops tight and be very patient. It is getting close to some really good opportunities.
$YM Short 14005 #Binary @ 57
$YM Short 13970 #Binary 46.50
$ES 1518.50 Short 48.50 1/2 Position
$ES Short 1515.50 Binary 63.50
$ES 1521 #Binary Short 52
Binary long 1513 @48
Market Update
This market is on a mission! Made a higher high on Friday on the S&P 500/ES. We have not seen this area since 2007. I am long this market and will stay this way until the market gives me a reason to short.