sp'15min
sp'60min
Summary
Lets get one thing clear...I am not going long ANY bounce. So, even though I might believe a bounce is coming, I am NOT going to trade long....period.
I will side step this market every time I get the sense one of those stupid bounces is due. I've seen..and experienced too many hyper-ramps to risk being part of that.
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My simple rule remains: short...EVERY bounce until sp'1150/00.
The game I am trying to play is to jump out as close to each low...wait for each stupid bounce..and then merely re-short at higher levels than my exit. Clearly, sometimes, the market will just keep falling - as it has done today. Besides, I never held to my original target today anyway, which was a stupid decision.
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More after the close...but I am somewhat tired, and remain highly annoyed with myself. Urghhhhhhh