> Times like these are just great for day trading! Yesterday was
> awesome. I like to make sure I'm always following the broad markets,
> and each day I analyze the ES, the SandP 500 mini futures contract.
> Generally, most stocks will follow the markets. Currently I'm
> waiting
> for a close above 823.50 to look for longer term time frame bull
> plays, or a close below 787 for bear. Longer term means a few days
> or
> more.
> Currently I am leading more to the bears on the broad markets. TRIN
> close bearish, most other internals were neutral. We had range
> extension down as well. The news has me worried quite frankly.
> We've
> not big market breaking news comig out tomorrow, but lately just
> about
> anything good seems to move these markets.
> For now I'm daytrading. Market profile numbers were a dream
> yesterday, and market internals combined with support/resistance
> areas
> just behaved to textbook perfection, and days like yesterday are like
> ATM machines.
> I post my charts here: http://www.sandp500analyst.com