IWM DAILY
Well I got stopped out of my DOW for a minimal loss. I kept it to a minimal because I knew the market was weak and kept my position size small and had little tolerance for weakness.
I did short IWM breaking the Jan 29 low. My target is now the 200d and 50 week m.a.. Any bounce to the $61-61.50 area I will add to my short position. Otherwise my targets are set.
UNP is on my watch list for shorting. Anything near $64 is where I will enter. I stared at early this week when price was a few cents away and I talked myself out of it. Lately I have been finding for me the hard decision's on entry's have been the right decision and the one's I enter without hesitation have been loser's. Therefore I will use that piece of information in my trading. Also longs are simply not working, which is another sign to stick on the short side until they quit working.
I have kept my AU options as they are leaps and time decay is not working against me at this point.
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