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Sep Alsi

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Super Contributor
Came off the 21 EMA which was at 38500...my stop is in profit now, and will be moved as market moves down...if we see 38250 today, then the selloff may continue to 38000...as always exit at stop or at market cose.
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Super Contributor
Is trend change at 38250 ?
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Super Contributor
Yes, confirmed above 38300...this retrace can be shorted (15 min chart)...with stop around 38250
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Frequent Contributor
37800 on the cards?
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Super Contributor
doubt it, will trace higher once +/-38000 regained.
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Super Contributor
Major support around 37900....if does not hold, then down to 37800 and possibly all the way down to 36900 ...with all this war talk it may just happen.....anyway I agree with 37800 as a level to watch .....
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Super Contributor
well FEK, 38000 regained, lets see what happens. trend change now closer to 38100 and my stop now at 38150...
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Super Contributor
37900 like a magnet
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Super Contributor
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Super Contributor
37900 still hanging on....closing my short...good day on the ALSI for intraday traders
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Super Contributor
is this short covering?...38250 and it may not be...
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Super Contributor
Short covering for now....
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Super Contributor
we just came off 38250, so possibly buying not just short covering, we could see 38542 if we trade above 38080...will be moving my stop to breakeven if we get back to 38250...
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Super Contributor
38250 seems far off now, lets see if 38080 holds
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Super Contributor
Not holding....
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Super Contributor
When this happens, I know pancakes are on sale
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Super Contributor
Strange behaviour as US futures are much higher now.....
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Super Contributor
okay, flat day, but classic short covering up to 38250...and now a very profitable short...
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Super Contributor
very nice dive this morning on the 15 min alsi...if only pancakes didnt follow
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Super Contributor
yes, orange, looks like another pancake day...i am still short but have not been able to move stop to break-even yet
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