It can be hard at the tail end of a move, when things are inching. I got a little disconnected when I missed NQ on Weekly S1, having my order slightly too far away. Big bounce. Then the tail end of it yesterday – daily r1 to weekly r1. Yesterdays NQ hi was weekly r1, now we have today. Currently ES is near it’s weekly pivot 1555 (each week inching higher), and I haven’t ruled out either it’s a break through catch it short running, or it can bottom out around it, then turn into a buy signal. I’m not too certain there, I prefer to play it simple and just look at the corresponding charts and treat them different. YM is on it’s way to Weekly Pivot point 14569 to 14445, and this may or may not be support for ES. Paradox thinking.

I’m risking a sideways run in the wind, with heavy rocks, and torrential rains, to take a shot at the seasonality in (dun da dun na) CNQ. A starter position, the intended goal is a nice 10% gain, will need to add a few times. Swing, batter batter. Yearly PP is 31.50, I need CNQ to demonstrate demand at the years fairest price. Monthly pp is 31.50, so there is a pivot confluence for the month of April.

Inside of my fingertips I possess excellent hedging abilities. I’ve been trading pivots for years and I know they work for some mysterious reason. For those making similar maneavors, may the force be with you. Like I said, I think we are going down. I shorted the break down this morning YM. May you use good money management through this potentially frusterating topping period. Look to sell stocks that should be shorted. Buy ones that should be bought. And in the index futures game, trust the weekly pivot points for BIG MONEY(!!!!).

Good day to you.

http://youtu.be/zaWtR0pRwGo

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additional:

Weekly pp broke ES, NQ. Watch out belooowww

SPY is on 200dma

I’m not concerned in CNQ at the moment, but am willing to toss it down a stair case, if need be

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