Late afternoon setup in the Emini ticked the boxes on 7 principles or day trading rules of thumb. Everything from RAMBO patterns, running stops at round numbers, a gathering pattern, etc.

Late afternoon setup in the Emini ticked the boxes on 7 principles or day trading rules of thumb. Everything from RAMBO patterns, running stops at round numbers, a gathering pattern, etc.

Currencies are winding up for a big move. Equities have bottomed for the time being, after a nice Pull Back to End of Trend signal on the 45 minute chart. And seasonal strength should see a pop up. But after that? Well maybe the British Pound and Japanese Yen are telling us something.

Currencies are winding up for a big move. Equities have bottomed for the time being, after a nice Pull Back to End of Trend signal on the 45 minute chart. And seasonal strength should see a pop up. But after that? Well maybe the British Pound and Japanese Yen are telling us something.

Quick tip on how to use TradeStation's Format Symbol Settings window.

Quick tip on how to use TradeStation's Format Symbol Settings window.

We've got to play out the downside move with a "Pull Back" to "End of Trend" sequence on the 45 minute Emini chart. But we also got a Stock Market Crash warning signal with this week's Commitment of Traders data. So should be interesting trading over the next few days and weeks. And let's see how this works out.

We've got to play out the downside move with a "Pull Back" to "End of Trend" sequence on the 45 minute Emini chart. But we also got a Stock Market Crash warning signal with this week's Commitment of Traders data. So should be interesting trading over the next few days and weeks. And let's see how this works out.

Yesterday we broke Supports and were weak. Today we got the sell-off and Exhaustion volume by the end of the day. Nice Emini sell-off.

Yesterday we broke Supports and were weak. Today we got the sell-off and Exhaustion volume by the end of the day. Nice Emini sell-off.