The first two weeks of the year are now history, and we’re finding that Nat’s system calls, which she updates at 8:00 a.m. on market days, continue to provide the best trades of all.
The wide intraday price moves and intraday trending behaviors mean that her swing trades (basically enter at one of her inflection lines and exit at the next) are capturing the maximum available profit most days.
Friday (Jan 15) was a little different. The price action looked like the Plunge Protection Team entered the market in the morning in an attempt to prevent a downside continuation for the end of the week, after heavy losses to start the year.
The PPT was only partially successful, and couldn’t move the price past the intraday resistance level established by a double top in the morning.
But they did move the price 20 points from Nat’s Buy entry level for a decent profit.
Click the chart to enlarge. Note that the inflection lines are added about 8:00 a.m. The timestamp at the bottom of the chart is Chicago time. You can see Nat’s trading plan for this day at the preceding day’s post.. ,