I think it's the opposite for breaks on both sides....the more times you touch it, the more likely you are to break it.

Not worried.. will just keep adding.  PSX is ahead of itself.  Should see a day when it's down 4-6 points in the near future which will be the start of a deeper decline.

Good stuff.  Adding to my PSX short.

Into the gap... next stop 4440.  Hoping for a another systems buy signal !!!

Here it comes lining up perfectly with the 1:30 bounce zone ... Freddy getting ready :)

4460-65 is the line in the sand.  If we get into that 2nd gap then 4440 is a given before we start back up.  Should be either a V turn around at 1:30 ET or sell all day.  If It's the latter we should get another systems entry and I'll buy back the 1/2 I sold off (thank goodness) this morning.

So far so good on this on Digi but given the symmetry break I am expecting we'll find footing somewhere and get this rally going for at least a few day vs. just rolling over here.

Closed last 1/5 of my CMG short this morning but can't wait to get back it.  I don't think it makes it outa the gap.  Planning to re-open Sept 1820-1800 put spread soon and then add to it.  This has been my best winner of late.  I think SHOP will drop again as well on the next wave/leg.

Could be... need to see where the field position is ahead of the next report.  I have 0 confidence in no manipulation and high confidence that it's all rigged.

Thanks Matt.  Just closed 1/2 of all of mine.

Also rain in NY today so might see another retest of resent low before rally gets going tomorrow... might see some volatility.

Love it when a plan comes together !  Following Steve's potential mapping (I just put the potential plan + Systems conditions + Market events... adding up the indicators).  Oil, Energy, down.  QQQs, Crypto, SnP up.  Going to take profits at the open but not sure about adding to shorts just yet.  Not until systems show exit conditions.    $ and Gold are outliers but still expect $ up and Gold.Commodities down during if this wave/rally holds.  And if it does, it should be the B wave up to around 4580-4600(waiting for new targets from bpt) through next week to screw the shorts again through Opex - likely with a lot of chop, then we get the C down lower i.e. Opposite to now, i.e. Oil,Energy, Value, Commodities Up and SnP, QQQs punished to finish August ugly and then we get the final charge up through Sept.  Haven't decided what sectors will lead the final charge but will be building a Gold position through this wave if it plays out.

Lol

Thats enuff red into close to stick with my plan.  Weak report and pop till u drop.

Got me 2nd guessing, if we continue up all day, likely to close right around 4500 ill def buy some short term protectiknto bottom of next gap but im also banking on the long systems trades and to correspond with that we need a weak print.  Id be more confident if we sold off today.

So... a wave b in Aug with a softening inflation and labor print would be $ up,  Oil, Energy, GLD down, QQQs, Crypto, SnP up. 

ya time for a short

Starting to get deja vu from yesterday lol.  Maybe another inv HnS then grind up ?  How boring would that be without at least another thrust down.

Starting to build long positions now... got a couple shorts still in case of the nested 1-2 1-2.

:)  C'mon ket's get to at least 4460...