Trading the Line

Mogue

Heavy selling at the open into a low at 4300 is met with strong buying up into a morning high at 4386 followed by a choppy early afternoon and a rapid decline to 4337.

Late afternoon strength and a surge in the last half hour push up through the Buy Signal line at 4391.

A new Buy Signal at 4391.

To receive detailed daily analysis, guidance and the updated daily Buy / Sell trigger levels being generated by the Trading the Line system before the market opens, and intra-day alerts when appropriate, please become a Member and Sign up for Alerts & Observations - includes access to Members Area, Explanatory Notes (pdf) for all of the concepts discussed, and Notes on Day Trading (pdf)

Disclaimer: This is the diary of a personal trading system, its methodology and the signals that it is producing. You are welcome to follow along but please understand that the information presented here is for educational purposes only. No recommendations are being made to buy, or sell stocks, options or futures contracts. Please consult your own financial advisor before making any investment decisions.

S/T BUY SIgnal at 4391

Heavy selling at the open into a low at 4300 is met with strong buying up into a morning high at 4386 followed by a choppy early afternoon and a rapid decline to 4337.

Late afternoon strength and a surge in the last half hour push up through the Buy Signal line at 4391.

Very volatile price action - difficult market conditions continue.

S/T BUY Signal active.

...

Aquinas

Another gap higher and a push above the Cover Short Signal line at 4396 to briefly move above the Buy Signal line at 4419 before dropping back sharply to 4375.

Another push higher into 4413 before dropping rapidly to 4315 re-activating the Sell Signal below 4396.

Very volatile and erratic price action - difficult market conditions continue.

Sell Signal active.

To receive detailed daily analysis, guidance and the updated daily Buy / Sell trigger levels being generated by the Trading the Line system before the market opens, and intra-day alerts when appropriate, please become a Member and Sign up for Alerts & Observations - includes access to Members Area, Explanatory Notes (pdf) for all of the concepts discussed, and Notes on Day Trading (pdf)

Disclaimer: This is the diary of a personal trading system, its methodology and the signals that it is producing. You are welcome to follow along but please understand that the information presented here is for educational purposes only. No recommendations are being made to buy, or sell stocks, options or futures contracts. Please consult your own financial advisor before making any investment decisions.

 

Dante

A large gap higher and a push above the Cover Short Signal line at 4425 before dropping back.

Another push higher into 4435 before the FED announcement and a brief look above the Buy Signal line at 4448 is heavily sold into dropping the market to 4315, bouncing to close near breakeven.

Sell Signal continues.

To receive detailed daily analysis, guidance and the updated daily Buy / Sell trigger levels being generated by the Trading the Line system before the market opens, and intra-day alerts when appropriate, please become a Member and Sign up for Alerts & Observations - includes access to Members Area, Explanatory Notes (pdf) for all of the concepts discussed, and Notes on Day Trading (pdf)

Disclaimer: This is the diary of a personal trading system, its methodology and the signals that it is producing. You are welcome to follow along but please understand that the information presented here is for educational purposes only. No recommendations are being made to buy, or sell stocks, options or futures contracts. Please consult your own financial advisor before making any investment decisions.

 

Cascadia

Another large gap lower with heavy selling until finding support at 4292, bouncing back to 4351. A very choppy middle session until breaking above 4351 and reaching 4411 before dropping sharply back into the close.

Very volatile and erratic price action - difficult market conditions continue.

Sell Signal still active.

Waiting on the FED.

To receive detailed daily analysis, guidance and the updated daily Buy / Sell trigger levels being generated by the Trading the Line system before the market opens, and intra-day alerts when appropriate, please become a Member and Sign up for Alerts & Observations - includes access to Members Area, Explanatory Notes (pdf) for all of the concepts discussed, and Notes on Day Trading (pdf)

Disclaimer: This is the diary of a personal trading system, its methodology and the signals that it is producing. You are welcome to follow along but please understand that the information presented here is for educational purposes only. No recommendations are being made to buy, or sell stocks, options or futures contracts. Please consult your own financial advisor before making any investment decisions.

 

Burns

A huge decline into lows at 4274, 4245 and finally 4230 before finding strong buying, making a higher relative high at 4340 and finishing very strongly into the close.

Sell Signal continues.

To receive detailed daily analysis, guidance and the updated daily Buy / Sell trigger levels being generated by the Trading the Line system before the market opens, and intra-day alerts when appropriate, please become a Member and Sign up for Alerts & Observations - includes access to Members Area, Explanatory Notes (pdf) for all of the concepts discussed, and Notes on Day Trading (pdf)

Disclaimer: This is the diary of a personal trading system, its methodology and the signals that it is producing. You are welcome to follow along but please understand that the information presented here is for educational purposes only. No recommendations are being made to buy, or sell stocks, options or futures contracts. Please consult your own financial advisor before making any investment decisions.

Dogger

A drop into a morning low at 4420 for a strong and volatile bounce back up to 4490 and then dropping in an extremely choppy decline to 4400.

Very volatile and erratic price action - difficult market conditions continue

Sell Signal continues.

To receive detailed daily analysis, guidance and the updated daily Buy / Sell trigger levels being generated by the Trading the Line system before the market opens, and intra-day alerts when appropriate, please become a Member and Sign up for Alerts & Observations - includes access to Members Area, Explanatory Notes (pdf) for all of the concepts discussed, and Notes on Day Trading (pdf)

Disclaimer: This is the diary of a personal trading system, its methodology and the signals that it is producing. You are welcome to follow along but please understand that the information presented here is for educational purposes only. No recommendations are being made to buy, or sell stocks, options or futures contracts. Please consult your own financial advisor before making any investment decisions.

Nautilus

Very strong buying from the open and a high at 4602 before dropping back very strongly and selling hard into the close.

Sell Signal continues.

To receive detailed daily analysis, guidance and the updated daily Buy / Sell trigger levels being generated by the Trading the Line system before the market opens, and intra-day alerts when appropriate, please become a Member and Sign up for Alerts & Observations - includes access to Members Area, Explanatory Notes (pdf) for all of the concepts discussed, and Notes on Day Trading (pdf)

Disclaimer: This is the diary of a personal trading system, its methodology and the signals that it is producing. You are welcome to follow along but please understand that the information presented here is for educational purposes only. No recommendations are being made to buy, or sell stocks, options or futures contracts. Please consult your own financial advisor before making any investment decisions.

Cape

A big drop overnight is bought back up before the open and with some strong buying in early action quickly fading with a drop lower into 4562 before bouncing back to 4596.

More selling in afternoon action into a quick bounce at 4560 before further strong selling into the close.

Very volatile and erratic price action - difficult market conditions.

Sell Signal active.

To receive detailed daily analysis, guidance and the updated daily Buy / Sell trigger levels being generated by the Trading the Line system before the market opens, and intra-day alerts when appropriate, please become a Member and Sign up for Alerts & Observations - includes access to Members Area, Explanatory Notes (pdf) for all of the concepts discussed, and Notes on Day Trading (pdf)

Disclaimer: This is the diary of a personal trading system, its methodology and the signals that it is producing. You are welcome to follow along but please understand that the information presented here is for educational purposes only. No recommendations are being made to buy, or sell stocks, options or futures contracts. Please consult your own financial advisor before making any investment decisions.

Kucha

A big drop overnight and a very volatile and choppy session dropping into an early afternoon low at 4572 and then recovering to 4602 before dropping back into the close.

Very volatile and erratic price action - difficult market conditions

Sell Signal active.

To receive detailed daily analysis, guidance and the updated daily Buy / Sell trigger levels being generated by the Trading the Line system before the market opens, and intra-day alerts when appropriate, please become a Member and Sign up for Alerts & Observations - includes access to Members Area, Explanatory Notes (pdf) for all of the concepts discussed, and Notes on Day Trading (pdf)

Disclaimer: This is the diary of a personal trading system, its methodology and the signals that it is producing. You are welcome to follow along but please understand that the information presented here is for educational purposes only. No recommendations are being made to buy, or sell stocks, options or futures contracts. Please consult your own financial advisor before making any investment decisions.