Real-time day or swing trades - SPY, QQQ and stocks

[rimshot]

IBM - short 139.44 to 139.50 small size ...more size to add at .74 to .78 .. the eventual trade size will be small size

flip to long if an actual hold back above 139.77 for at least 5 mins

firm resistance is at 141.18

buyers need to defend 138.40 intraday

138.08 new 52wk low printed today on news the SEC is investigating some IBM accounting practices related to revenue recognition on transactions in the U.S. , U.K. and Ireland

138.08 - the low print today was on a large volume stick

only 30 to 55% odds we have printed a V-bottom today, which will actually not be re-tested or violated