4-24-13

B1 breaks out of the pre open consolidation after the 8:30 EST sell off.  Note the 50CB level.

B3  we see buyers and provided a buy alert

Upper resistance at 1577 and we were pushing back under the 50CB 45 Trend Line. Read short.  Provide a sell bias with a 1573 target.  When price pushed lower the trailing stop was set at the 1573

B9-10 developed a 2 bar doji, often regarded as a reversal signal.  Long bias indicated with a 1575 target.

A second reversal run developed with price moving back to the mid range.  We wanted a high of day challenge but preferred a pullback to the EMA first to draw in more shorts.  They would be trapped, and help fuel the HOD push by covering.  We got the pullback, and the pop long at B46.  A 50CB developed, and followed the 45 trend lime.

The final opportunity was the HOD 50CB failure that ran short to the close.