Thursday, September 22, 2011

EARLY OCTOBER SURPRISE? FOR SOME....

BOT TRADING SYSTEM

6:45 release


The narrow ranges brought the extended break out.  The selling continued into the after hours and into the Euro Zone trading.  After the dust settles, watch for buyers claiming bargains for the fall run.  IE, the traditional October surprise came early this year.


ES        1137.75        1133.75     1125.25


NQ        2211.5         2203       2195.75

YM         10845        10820          10770

TF          645.7         642.8           639.6         

6E           3474          3440          3423

 Back-to-back sell off in the DJIA worst two days since, well OCTOBER 2008.  Anyway, we were ready yesterday when the narrow BOT ranges returned, and subscribers were warned again this A.M. that the selling was not over.  We were looking for the October surprise.  Tomorrow, buyers will try to regroup in the bargain basement.

Not exactly "tomorrows news today"  but the BOT Ranges work ahead of the market.  No bar counting, guessing which bar or bars might mean.  Simple trade the way professionals trade.

Offer stands for September- same as our Chat Group.  One month of service and news for the weekly rate.


TODAY:

The market ran into narrow ranges yesterday which produces an extended break out.  The selling continued, and the BOT ranges were recalculated this A.M.  Selling hit failed reversal resistance, and we see some excellent 50CB plays.


The Short Bot was key again, as the market continued to look for support.  The SBBO  5/10 ranges are shown in yellow.  The market will use these, and so do we.




More fun tomorrow...

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