Bear Trend Validated

01:49pm I've been out the whole of this morning, trying to settle some things for my clients (day job clients). Will get down to writing the review in the later part of this afternoon...

Review of last night's trades. As observed before logging off yesterday, the PRICE movement was still very much going down. PRICE continued to make lower highs and lower lows. Globex PRICE movement at this point in time (05:33pm) seems to suggest higher PRICE movements for tonight's session. Already, a Minor PPF has occurred. We would need to have a PRIME PPF to confirm the bottom, to bring us back up to challenge the last PRIME Resistance at 1387.50 on the TREND chart.

09:41pm Well, as mentioned in the review of last night's trades, the Minor PPF just wasn't good enough to confirm the bottom (A PRIME PPF is needed). PRICE is still heading down, until it fails. TREND chart has also just turned down.
10:47pm No trades as yet. Still watching.
11:20pm Still waiting. Don't plan to SHORT. Don't wanna get caught on an upswing.
11:26pm Don't want to play in this 3 point range.
11:46pm Potential bottom here. Waiting for a PRIME PPF to go LONG. TREND chart still pointing up. If going LONG, PRICE must clear 1371.00
11:50pm Long 1370.00 / STOP 1368.50
11:53pm Moving STOP to 1369.50
11:56pm First Target - 1376.00 (of course, not at one go, but with pull backs)
12:03am Still holding on...waiting for one more push before taking some profit.
12:06am Out at 1371.75 / + 1.75pts - Got out due to a PF. Will wait for another PF of Support signal to go LONG.
12:20am Missed the LONG. Had a stomachache, and had to do "my business". LOL. PRICE very much still heading up to 1376.00. No failure yet.
12:33am In PRIME now on the Trading chart. Waiting to go LONG - but with caution. TREND chart is also in PRIME soon (missed by only so much), so a potential failure(minor) of Resistance may happen. So, LONGS beware...
12:37am Oops...TREND chart just turned down. LONGS beware. A deeper pull back to challenge 1368.75 is in store?
01:12am Failure of 1368.75 at 1369.25 - Whoa, this is playing it real thin...We are now heading up to challenge 1373.75 /A PRIME failure of Resistance here would set us up to challenge the sessions' low at 1367.25, as TREND chart is still pointing down.
01:18am No trades since the first...bad tummy ache. Have been in & out of the loo 3 times! Must be something I ate wrong during dinner.