friday late afternoon short

speculation on the reverze into the value area of the last three days..

the chart above shows a tiny intermarket divergence - ym is lower, compared to other 3 markets that broke their highs, thus i am speculating that ym WILL NOT break.

and it didnt..

after rollover

today is the first day after rollover of futures contracts and the market is pretty lazy. i took two trades today, first at nasdaq at 8:41 long (only with one contracts as it was risky) and a second, which was a beautiful situation in orderflow - very clear exhaustion of buyers

this is the entry moment (mid - which i consider a very strong line and perfect orderflow situation)

this is the moment when i hit the first target making the position risk free

and this is the second target

this the intraday price action with my trade - as you can see the range is pretty tight

result

yesterday´s nasdaq

couple of short signals