No dead cat bounceIndex and cxr above yesterday's high. Note. Vxr failed and still closed down. Separation spreading and I think the old biovale is in trouble for awhile. More uprades on cxr next week for sure and would not be shocked to see more tomorrow. Still think we could retrace the down move we had on Tuesday. 33.50-44.50 as the shorts cover toward targets. They jumped up and grabbed sell stops all the way to 39.00 today. You put your buy stop in or sell stop and many eyes are watching. My long sells are always in at least 100% over the previous day's high. Just the way I do it. No one can use my shares that way... and if I get 100%, I am more than happy to share them with anyone. I don't put my trend shares in until I am ready to sell. Worked very well the past week with this voiltility.
All the best for the tomorrow trading.
..... 33-45 is a big area to cover but today we covered 29 to 39 and yesterday 25-36 and Monday 33.50 to 44.88. Nice 10.00 moves. Does not get much better than that and happens very seldom. Never get 100 % but 60-75% average on the trend swings is pretty good.