- what a frustrating market...the bid below the market remains strong...
- my 'BTD Index' model did not generate an entry signal at today's close...it was lined up to do so around midday, but the bulls fought back just enough into the close to negate the entry signal for this model (by a measly 3 points)...
- the NQ futures are up nearly 6 points from the 4 pm close too...
- frustration....
- perhaps there will be more selling tomorrow...and even though we are in the seasonaly weak mid january period, i have a funny feeling we have already seen the brunt of the selling, which only amounted a measly 3% from the highs in the NQ, and even less in the ES....
- i am glad i bought some out of the money calls on LTD yesterday...it is holding its breakout very well...
***remember this is an illustration of what i am trading and my thinking...it is not a recommendation for you or anyone else to buy or sell this or any other security...trade at your own risk ***
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