Islander and Medici trade the European open

Sold 50 SS

Edit: +10 action now sideways between SS

Late sell 35 minor SS

Edit: forgot to post it +14

Difficult sideways action as traders position for month's end. Need an aggressive higher volatility breakout from this range.

Action on M1 so far

And Dow - notice the difference - Dow's fast Dragon turned up 37 mins ago, whilst Dax still flat.

2 slower Dragons still red confirming ranging

Ranging like this is, IMO, typical of re positioning action by the Smart Money prior to the week and month ends.

Imagine what a positive tweet from POTUS would do to these oversold markets

HV WRB fakeout < BRN. Waited and L off retest of BRN

Last post for now

Dow held at first SS < BRN with Dax going a little lower.

Bt Dow off HL 24,894

Edit: +30 after fractal at S3 held

Bt PB to minor SS - tight trail as before NYO

Edit:10 held at S3 low vols - wait for NYO

Dow held at prior DB. Short 24,935

Edit: +20 at minor SS

Dow LH < S3 short 24,924

Edit. +30 m1 fractal

S < fractal 24,832

Edit: +16 after spike to NL

Long > prior L 24,874

Edit: +19 - finished posting - need to focus on trading

An interesting morning. In our live room, after the sell off following the cash open we were watching the the action around the BRN.

The two aggressive high volatility spikes at 7:43 and 8:01 were the clues......SM Buying.....and so did we with one member maxing out long for that 200 pt (1.65%) rally prior to the very poor German ZEW Data at 9:00

Now we wait for the US Traders and the FOMC Data at 20:00 which hopefully will bring needed volatility back to the Dow

Early traders were buyers at FO for 40 / 50 pts up to the 25 Sweet Spot - under a 50% retrace of Friday's range where sellers pushed price back to retest Friday's Low - a 65 pt drop from that Lower High easy points for the alert trader.

Now not much action on lower vols - so enjoy a break before the US Traders wake up

Edit: Retested the low as I typed so I put in a Buy Stop above

Bt Dow on NYSE open at its 50 SS and banked 48 at its BRN.

Now long off PB to its 75 SS

Edit: 24 above BRN. Sell Stop placed

Sold second M1 LH ~brn

Edit: +19 at 75 SS

GM some buying ~ BRN, including me as my Fast Moving Average has turned up. Tight SL as pre XO

Edit: +13 at minor SS

Bt fractal / M SS at 12, 216 cash

Edit: out on trail at 238 +22

Buy PB Yest Low

EDIT +12 at M1 fractal