pull back starting

we are getting extremely over bought but this bunny just keeps on going.  This is a very bullish time of year as retirment accounts chip in to buy.

testing resistance.

That's why I suggest only buying a few shares here, risk reward ratio not that good now.

I'm still playing with these two intraday trading tools but they have promise ( I think and hope) anyway the $NYAD gave a buy signal today on SSO at $47.40.

http://stockcharts.com/h-sc/ui?s=$NYAD&p=5&yr=0&mn=0&dy=3&id=p92141748889&listNum=1&a=242185315

Also, my 5 min. tick trend did about the same time.

http://stockcharts.com/h-sc/ui?s=$TICK&p=5&yr=0&mn=0&dy=5&id=p76835939610&listNum=1&a=252711464

GDX slo sto has crossed back to a buy but did not reach the over sold zone, so this is risky entry but I'm going to nibble a few shares here. $53.80

Last nights news letter showed good charts on UUP and today it has broken out, the EUO is also as the EURO (FXE) is breaking lows from last Jan.

http://screencast.com/t/gilRcalfJ8

this is for a day trade and it just whipped back to being long.

Sell SSO at $47.93 and buy SDS at $18.66

don't think it's available? I know Stockcharts doesn't have it but maybe straight from the McClellan brothers if you subscribe.

Whipsaw, SDS $18.69 go long SSO $47.85

 I had the speed on the zar set wrong ( decimal places, bah humbug) , now better and there was no whipsaw I should have been long SSO since $47.80.

$NYAD sell signal, SDS $18.71

thanks steve, it's on a buy now

this is working very good on intra day trading other than having to wait for the opening gaps for it to catch up. the sar is the brown 5' dashed line. rightnow it's on a sell signal.

http://stockcharts.com/h-sc/ui?s=$NYAD&p=5&yr=0&mn=0&dy=2&id=p70988630312&a=242185315&listNum=1

Time to cash out take the hit and wait for the next set up. I lost 3.8% on this SDS trade.

Factory Orders will come out at 10 a.m. ET. The consensus forecast calls for a rise of 1.7 percent from last month. Estimates range from a bearish 0.2 percent to a bullish 2.8 percent but XLP has rolled over .

It's a good set up buy I don't see the trigger yet, maybe by tomorrow.

like a polaris missle