Afternoon,

We the US holiday on Monday, today was surprisingly trendy. That is a good thing. As I have been saying for the last few posts, the market seems to be entering a period of time that usually trends. The market opened up and began to sell off. There was a trend line break below the 56 EMA with a trader’s trick set-up. The time was 9:27 am CST with a short entry of 740.10. The next (and last) trade was a trend line break followed by a trader’s trick set-up above the 56 EMA. The time of the trade was 12:00 pm CST with a long entry of 739.60. Here is the chart for trade 1 and 2.

Trade 1 and 2

Click on chart to enlarge.

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Afternoon,

Another nice trending day. The Russell 2000 e-mini’s opened and trended mostly higher over the day. The first trade was a trader’s trick set-up above the 56 EMA after a trend line break with a long entry of 740.30 at 11:12 am CST.  The trade was up 1.30 points and hit R2 so the stop was moved to break even. The trade broke even. The next trade was another trader’s trick set-up above the 56 EMA after a trend line break. The time was 12:21 pm CST with a long entry of 741.90. Here is the chart for trade 1 and 2.

Trade 1 and 2

Click on chart to enlarge.

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Afternoon,

The market continues to begin the process of switching from down to up. This give us opportunity. The market trended again today. The first trade of the day occurred after a trend line break to the upside followed by a trader’s trick set-up above the 56 EMA. The time was 11:15 am CST with a long  entry of 731.80. Here is the chart for trade 1.

Trade 1

Click on chart to enlarge.

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