My next play was in CTSH which was on my climatic watch list short since it has been up 11 straight days in a row. Price action sold off hard this morning in CTSH, I just needed to find an entry short. Price finally put in two topping tail bars on the 5 minute chart and I entered short on the break of the low of the 2nd topping tail bar. I think Steve Nison would call these the two crows or something like that. Anyway, CTSH moved down nicely for the next 20 minutes allowing me to take some profits along the way. I finally trailed out of the play at the break of a 5 minute bar by bar high. Nice play and it has me green in which the Q’s may not supply another good trade for the day…
CTSH 1