Chop Chop

We wait for better levels. SPX flat and NQ down. No confirmation yet on direction .

No Trade today

I was expecting a pop up in the markets today to get a short on but looks like they started without us. More or less a chop fest with indexes finishing down a 1%. Not really bearish on these market at this point as it seems volume has died off and the volatility has subsided for now. I'll be looking for area to get long again tomorrow.

Possibly Sell the News

Im looking tomorrow to sell any uptick tomorrow into the first 30-60 minutes. I'm liking the ES 1210 area on a pop up tomorrow off any front running on European news.

Long some NQ@ 2153

Long some NQ for a day trade @ 2153.

That was fast . High of day hit 30 minutes later. Out @ 2180 +27 .

Adding some NQ long @ 2235

Nice drop after nice profits yesterday. Adding back some long exposure here. Yesterday we rallied from our 2273 to as high as 2319 area. Lots of profits there for everyone. Today we sold hard and adding here. Jobs number tomorrow.

Long NQ @ 2273 area for a bounce

Starting some long exposure here as nice drop and good odds here. Watch financials for lead here. GS BAC XLF .


Lots of traders were able to get even better levels on the buy side. Buy opportunities as low as 2253! Traders market with this volatility. We now need to see the close to see how the daily candle looks to determine next move. Stay with this trade it looks good!

Stopped out on second half @ breakeven

Talked with a few traders. Some took the stop out @ 2377 area. Others sold into the pop Monday morning on the expected debt ceiling increase above the 2400 level. All and all a great trade and I'm looking to see clarity tomorrow before taking next trade.