HOME ON THE RANGE 8/29/13

RANGES and targets, 50CB's and 50CB Trend Lines.  The bear/bull moves were slightly stronger than expected but still within the range plan for the day.  More is always better, if you have a game plan.


1[08:02] <CM> after hours and euro mkt we had another t1 and t2 run from the profit taking lows in the pm of the US mkt.  the 28-38 range we were watching has completed the range run.  35-43 the focus today  thinking bias leans short as traders take the last big summer holiday in the states.  range bound day expected.


[08:05] <CM> +5 short bo  +3 for long  gives us 30-46 swing range

Nice day.  Actual swing range was approximately 28-45.