2016027
Long 1 NQ 4696.25, -3.0
Short 2 TF 1219.9, 1219.9, +0.5, -0.4
Long 3 TF 1216.9, 1217.3, 1216.7, -0.9, -0.0, -0.1
Long 1 TF 1213.5, 1213.3, -0.7, -0.3
Long 1 NQ 4688.5, +3.0
Short 1 TF 1215.0, -0.0
Short 1 TF 1215.5, -0.7
Total NQ -0.0
Total TF -2.6
Wide divergences between the usual leader TF and the other contact sectors usually accompany losing trading days for me. Yesterday, the YM, which is seldom right about the trend, and often makes solo new highs or solo new lows just about the time the rest of the market is finally ready to go the opposite way, was, in fact, the true leader yesterday, crashing early as the heavy bear. Again today with the leadership shifts and TF divergences. When signals make no sense, there's little you can do. Switch to trading another contract, or keep the powder dry for better trading days ahead.
