Trade Wrapup - 20080428-29

20080428 - I was out of the office on Monday, so hence there were no trades or commentary for this day.

20080429 - Trade/Commentary Wrapup

11:28 NQ resistance here at prior highs (1931)
11:57 NQ first support coming off that pivot high (1927)
12:10 second support NQ (1925.25) "this is for the reversal off highs, not a buy"
12:18 "covering last of NQ" (1924.5 .. 1923.25 was low)

NQ Correction off highs


11:52 CF base at lows ($138.80) 5 min.
11:54 Mykonos : CF dying
12:13 CF 131 is initial target (hit 131.05 shortly thereafter)
12:14 hitting target zone
13:17 trailing stop hit on rest of CF (lows 130.52)

CF Short Setup


13:00 FLS watch for 5 min bull flags this afternoon
14:20 FLS off watch

FLS Desired Buy Setup - No trigger


15:03 GPRO base at highs 15 min on daily channel breakout looking to close feb gap
15:50 gonna watch that GPRO for tomorrow.... see if we can get a morning play on it

GPRO Buy Setup - Not yet triggered... watching for Wed. morning


15:05 YM hit yesterdays closing prices and serving as resistance on the 5 min

YM Resistance for correction


15:06 looking at 5 and 15 min indices for chance at another push higher before the close for a bull flag
15:06 the 5 and 15 min 20 sma is the support for a flag - nas will have the hardest time - has the greatest extension already
15:21 got rounded highs a bit here on the futs... that is not what i wanted to see for a flag