IWM

Hit a 3x target from the higher time frame trigger on Friday

Tue 12_03

SPY - Short trigger yesterday, primary target achieved.  No longs on this time frame until the hourly (lower, right) 3/10macd sets up (fast line reclaiming the slow line, turns positive, pulls back and continues, a.k.a. ABC buying wave).

IWM - showing a buy divergence on the hourly, but nothing bullish just yet.  A narrow, tight channel on the hourly, may start working sideways here.  

QQQ - still retaining bullish strength.  Narrow, tight flag/channel on the hourly (2c-2d criteria)

DIA - not quite ready for being long, but already hit 3R from the initial entry, so perhaps limited downside for the time being.

Wed. 08_07

A key for the above (5-min) chart to define the horizontal lines and dots.  For further explanation, see this link:  

Arrows on higher time frame indicate anticipatory trades that are entered using the faster time frame.

ES with Globex range

Wed 06_05

Got chopped up a bit in the morning.  The victim of a very typical stop run.

Breadth

Higher time frame; 65min showing a buy divergence, but not something you necessarily want to buy until a faster time frame (15min) has a decent buying setup (like 3d-3a or 3a-1a that sort of thing)

ES with globex, should have been watching this more closely as it gave better morning setups

ES with Fib. projections, coming into a confluence target area

Wed. 05_01

Got a bit chopped up for the ISM.  Frustrating being how textbook of a stop run that was within the first hour.
Also got a but chopped up in mid-afternoon.  I gave up on the trade setup because of "Fed Day" excuse which is stupid to make excuses like that.  I failed to include the down arrow on the 5-min 3/10macd to indicate the last trade into the close.

Breadth - Compare the Adv./Decl. (top) to that of SPY 5min (above, right).

Vol. Profile coming into today - Opened right under previous day's value area and traded through the second, smaller, distribution area.  Eventually traded back to NVPOC from Friday.

ES with globex - trended lower since 7am

Higher t/f split - Price coming into decent support

Fri. 04_26

Got a bit chopped up in the morning and had to leave just as the noon trigger was occuring.  Difficult taking a short when the 5-min slow line has a positive slope (criteria 3).

Very choppy in the morning as price was working in the previous High Volume area from the 24th ($157.99)

ES with globex.

Wed. 04_03

today's trade

A key for the above chart to define the horizontal lines and dots.  For further explanation, see this link:  

Breadth - declined rapidly following the ISM #

Opening swing - I missed a really good short opportunity here 10-minutes into the open

The first hour or so into a trend day is difficult because there is such uncertainty that all support levels are tested for acceptance

Another breakdown from a channel

Daily 2b criteria developing into a larger correction (2c-4c) I would be looking for the 5min to form an XYZ wave (4d-4c continuation)

Thu. 03_21

today's trade

A key for the above chart to define the horizontal lines and dots.  For further explanation, see this link:  

Could be in the process of a third push to get long or we pull back steeper to fill the underlying gap

Tue. 03_19

today's trade:

A key for the above chart to define the horizontal lines and dots.  For further explanation, see this link:  

Still considering this a 2c-2d criteria pullback on the higher (daily) time frame.  As such I would be looking to buy a 3d on the faster time frame (65min), or some pullback combination like 3a-3b-1a.

Thu. 2_21

today's trade

A key for the above chart to define the horizontal lines and dots.  For further explanation, see this link:  

4c to start the day - trading a breakdown

Small continuation move later in the day holding the IB_low (4d-4c/3c)

3d criteria short covering rally into the 1:30 hour

Looking for the 15m 3/10macd to either set up a 1b-1a breakout higher or a 2c or 4c) breakdown on the short side

This is the first time the Daily (below, right) 3/10macd has had a negative fast line.  Still have to treat this Daily as a 2c-2d criteria setup, where we would be looking for the faster time frame (65m below, left) to set up a 3-push pattern, or inverse H&S and where the 3/10macd would preferably see the 3d criteria set up (unless it is a V-recovery in which case we would get the 65m 3/10macd going to 3a to 1a).  Worth noting, that 65min made a higher pivot low on strong downside momentum (reverse divergence) 

Wed. 2_13

This didn't post yesterday evening, so...

today's trade

A key for the above chart to define the horizontal lines and dots.  For further explanation, see this link:  

Fairly frustrating day.  Didn't take any trades until 1pm.  As it would turn out, frustration can be patience in disguise.  

The higher time frame (65m) looks like it may be setting up to go higher?  Provided we get above/hold $152.25 we may get another impulse move higher.  This would "re-set" the faster time frame (15m) 3/10 macd back to a bullish bias (3a to 1a).  Essentially we would be anticipating the 65m fast line to turn green and to trade that anticipation we would be looking for the 15m to turn 3a OR a pullback of the fast line into the positive sloping slow line (so it would be something like 3a to 1a to 1b and back to 1a).
Look at how ridiculous the $151.75 support held, it's the definition of "underlying bid".  Two days left in Options Expiration week, it can always get freaky.

Thu. 02_07

today's trade:

A key for the above chart to define the horizontal lines and dots.  For further explanation, see this link:  

Wish every day were like today.
The 4c criteria (like the 1a criteria) is more about trading price breakouts (using "breakouts" to be synonymous with "breakdowns").
I was late coming into the first short this morning

but if you go to a faster time frame you can see the ideal entry.

Higher time frame:  Ball back in Bulls court...so long as this lower high doesn't hold

An update on the cycles posted the other day.
  I'm suspecting it's either a complex Head & Shoulders, or a broadening wedge with a "Partial Decline".  Either way, above 1512 (SPX Cash Market) or under 1500 seem to be the bull/bear lines.