Short Term Trading Member Forum

[airedale88]

stopped out earlier tonight on my sept es's at 1408 for a 40 handle hit. that gave back 50% of my last closed short trade's gains. doing a bit of work, will post more later. i continue to believe this is the nominal 4.5 yr nest of cycle lows bottoming. am updating the commonality model. INDU made new swing lows yesterday, 10 of the 30 INDU components confirmed it with new swing lows of their own. out of the 20 not making new swing lows, some are holding well above their previous lows.