10:00 AM PST
The intraday pattern on DOW seems eerily similar to 10/3. High at the open and a nasty selloff and a sideways flag. We'll see if we get a big 2:00 PM EST selloff. Intraday pattern looks very similar, but the daily configuration is very different though. Just an observation.
I am looking to go short here, if i get a sell signal on the 30-min.
1:30 PM PST
Except for the initial spike and the thrust down (one buy and another sell program neutralizing each other), nothing else transpired today. I don't expect much to happen tommorow either, being a OPEX day, other than some crazy intra-day spikes. The hourly and daily trend remains intact so far and the bias continues to be to the upside.
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