As soon as the market opened price fell apart selling off to our T2 target of 1864 then bouncing back up to our new mS area of 1887. Price rejected the 1887 area as expected and headed lower but price could not make it back down to the 1864 area again as price settled for the 1875 area as the new low. As lunch was ending just after 2 pm EST. price took off like a rocket and rallied all the way back to the mS area of 1887 only to blow through this area like it was not even there. Price rallied all the way back up to MS area of 1911 topping out at 1912.25 only to close the day at 1906.25. Another crazy trading day full of opportunities and an hourly chart looking sideways again...
TraderHank’s most used Tags5 minute buy 5 minute Sell 9:45 am play 15 minute buy 15 minute sell AAPL AIG ALL AUDUSD Breakout C consolidation COST Counter Trend Day Trading EBAY ES FB FSLR Gap Gap continuation Gap play GILD HD Hourly sell JOY JPM LLY MET MS Options Price Action PSS Pull Back QQQ short Short play Sideways SPY TGT Tier II Tier III UAL update uptrend