Quote of The Day "One who gains strength from overcoming obstacles possesses the only strength which can overcome adversity."
-- Albert Schweitzer
The ability to take small loss after small loss is the hallmark of a successful (profitable) trader.
Note: You can click either the ES or the YM chart image below to see the end of day Power Zones wrapup. |
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ES 15m The ES ground it's way up to THPZ then went sideways... Until the reports began to flow in after the cash close.
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YM 15m The Dow Mini was fairly well contained for the entire day. |
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SPXL [Leveraged SPX Index] Daily |
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| TAOST Bias A net loss on the day for the Bias... -8 ticks. Interestingly,
Click to see Bias Trades... |
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Chart of The Day
IBM [IBM] is today's chart of the day... IBM is presenting a fairly ragged Head & Shoulders pattern on the chart... and has already confirmed a further downside move. Watch recent swing lows for support. |
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As always, make up your own mind and mind your risk no matter what you do.
KIS,
The Trader
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