ES Does an About Turn

Review of last night's trades. I have been hit by the stomach flu bug. Was feeling very lousy last night and particularly, this morning. Did take some trades last night but didn't post them as I was trying out some strategies. Didn't work too well, though. Will keep my post short as I am still reeling from the "near vomiting" & overall lousy feeling.

Incidentally, to those visitors/readers from Singapore, I have started a new blog, called Know Your Life Insurance. Having participated in the CNA Forum the last 8 months or so, I've decided to start a blog to dispel any misconceptions or views that may be expressed by certain posters on the forum. It's also a medium for me to showcase some of the new plans made available by the Life Insurance Companies that I represent (7 companies, to be precised).
Afterall, it's still my dayjob that currently puts food on the table.
It's at http://knowyourlifeinsurance.blogspot.com
If you have any questions or queries, pop by & drop me a line...Cheers!

10:21pm Pre-Market Observation. Looking for a Potential SHORT here. A possible PRIME PPF of Resistance (1427.00) perhaps? TREND Chart has turned down and PRICE needs to head back down to challenge last PRIME Support at 1412.25 to give us a higher PRIME Support.
10:32pm SHORT 1424.75 / STOP 1425.75
10:33pm Whoa! That was a close one!
10:37pm STOPPED at 1425.75 / -1.00pts. So much for that "close one"...
10:45pm LONGs have to be careful here. 3 X Divergent Top on the TREND Chart.
10:49pm SHORT 1428.25 / STOP 1429.25
10:54pm STOPPED at 1429.25 / -1.00pts.
10:55pm I shouldn't be fighting the TREND...Will try one last trade.
10:58pm SHORT 1429.75 / STOP 1430.75
11:02pm Moving STOP to 1430.50 / 1st Target for this SHORT is 1428.00, followed by 1427.50 & hopefully 1425.75.
11:08pm Out at 1428.75 / +1.00pt. Didn't like the action PRICE here.
11:12pm See what I mean? I really shouldn't be SHORTing here...Must be the last 2 days of the Stomach Flu bug getting to me.
11:17pm Another agressive SHORT coming up...
11:18pm SHORT 1430.75 / STOP 1431.75
11:20pm Okay. Let's see if we can even reach the 1st Target of 1428.50.
11:21pm Moving STOP to 1430.50.
11:26pm TREND Chart has just turned down in PRIME. This SHORT looks promising.
11:30pm Moving STOP to B.E.
11:33pm Out at 1429.75 / +1.00pt. Don't like it. The downmove is stalling...
11:35pm Will go LONG with a STOP Buy at 1431.00 or SHORT, with a STOP Sell at 1429.25
11:39pm LONG 1431.00 / STOP 1430.00
11:43pm Out at B.E. Very tricky LONG, so better to be safe, then sorry. Will keep a lookout for a Minor PPF of Resistance here for a SHORT.
11:46pm Nope. Still no PPF. Still no PRICE failure. But slight weakness seen in the B-PPF. Only +1.00pt than the last high at 11:12pm (S'pore Time). In other words, the upmove is possibly lossing strength/momentum. It needs to head back down to re-fuel.
11:57pm SHORT 1431.75 / STOP 1432.75 - Will be my last trade for the night.
11:59pm Fastest trade tonight. STOPPED at 1432.75 / -1.00pt.
6 Trades. 3 Losers, 2 Winners, 1 B.E.