IYR (US real estate) has been struggling to get above its 76.4% retracement of the last decline. I've been nibbling on some shorts here each time we get a shooting star-like candle. It's stronger than most indices, but if we're not going to make a new high (which we very well might), then it does make sense that we could turn down from this level. If not, I can always have a stop above the August highs. http://schrts.co/iEih1A

TLRY looks interesting, possibly as an intraday short below the lower line..   http://schrts.co/ybzZgf

You're welcome, Matt! I've been learning an immense amount here at BPT, and it's nice to be able to contribute occcasionally.

2 longs I'm watching for short-term pops: MCHP and TNA

http://schrts.co/5aLFYW

http://schrts.co/Cct9Ts

CHD just broke out http://schrts.co/yqgxE8

A few very short-term long ideas (day trades for me): AGN, AMT, ATHM, BUD, CHD. Check earnings. 

http://schrts.co/T3Jo3h

http://schrts.co/qG1QXw

http://schrts.co/2Wdjk6

http://schrts.co/xJA89K

http://schrts.co/pgrsf9

Just a reminder that Cyber Monday (today) is likely the best Stockcharts.com  renewal deal that you'll get, which is 3 free months for a 12 month subscription. I generally renew today regardless of how close/far I am to my renewal date (unless I have over a year, then I  will renew next Cyber Monday). 

Question for the group: Does anyone know why my Stockcharts.com  charts usually show more daily volume than my IB or TS data feeds?  For instance, PEP today shows 5.27 mil on Stockcharts.com, but 2.94 mil via IB. (Some of my systems rely on volume, so the lower numbers are throwing them off.)

Wish I had bought the bounce. I saw it unfolding on my charts, but didn't take it (lack of confidence). Still a great day with the shorts I took. 

Just covered the last of my S&P shorts. Probably a bit early, but we're close enough to various S&P targets.

Took partial profits on my SPY shorts (tightened stops on the rest) since we pretty much closed the gap.  Also, we hit the 38.2% retracement of the rally that started late yesterday and ended this morning.  Also IWM currently re-testing its broken trendline.

Well, Morton, I think you got your doji! :D  

A few quick day trade setups I'm looking at: PRGO, RL, ALB, HAS, MLM

Same here. You really need to cut the boxes, flatten them, and then fold them up with packing tape. Otherwise they won't fit. 

Here's something weird that I noticed: All of my profits yesterday were from longs (big down day), and all my profits today were from shorts (big up day). Still made money, but something tells me that I still trade with a bit of a bias. :p 

Looking at IPGP. (Has been consolidating below the trendline all morning.) http://schrts.co/gFik4d

@ mla217 - I'm hoping we make it to that 2nd IWM 60 min resistance on your chart. With a near-equivalent move on the $SPX, that would make today's move up symmetrical with the Oct 23rd rally, hit the 38.2% retracement from the Oct 17 peak, AND hit the 61.8% retracement from the Oct 23rd peak. (In other words, watch the 2,714/2,715 area :). We'll see if we make it though...

re: Multicharts.com - Yup, something is a bit off today. My lines are moving slightly from their original positions. Not a big issue though.

Bearish wedge on 1 min chart showing divergence on RSI, CCI, MACD.

Me too. KO was a great day trade. As usual, I sold a bit early, but these days I think I'd rather err on the side of caution.  Also managed to execute a trade in the middle of a webinar (I was presenting). Made more money than they paid me for the webinar lol