Short @ 4337

I am short at 4337, 10% fill, stop at 4365, for a scalp or a day trade, hence the larger stop.

Very cautious for now as you can see, intradays are mixed.

Update: I have moved my stop slightly to 4372, although 4365 has not been touched yet.

Short again at 4115.

Just a 10% fill, stop at 4130, for either a scalp or a daytrade.

We have been ranging between the 4120s and 4080s-4090s since yesterday afternoon, so I figured it was worth a shot.

The 4110s are also an ambush area from the last high we had on monday evening.


I am being cautious, taking light risk, as momentum is once again mixed, and am happy to reverse and go long anytime.

Update: covered short at 4103. I am all flat.

Entering long position

After nibbling two long scalps (small nibbles), which I took out almost at breakeven, I re-entered a long as momentum built on top of the 3965 line.

I am now long at 3988, 3992 and 3999, with a stop at 3970. I view this as a day trade for now.

As mentioned in the play for today, I would be looking for strength between the 3950s and 3970s. The strength did appear, but there was abudant choppiness this morning, and I was getting mixed signals on the intraday charts until well after the 9:30 (UK time) data.