After the market got axed yesterday, it starts to bounce up as can be shown from this 5-min. chart from the overnight trading time.

It's just a typical profit taking operation by the 'short termers' in trading of what had happened yesterday.

It's another trading opportunity again for today.

Let's see what's going to happen...

The market (YM) went up climbing the mountain only to get tired and went on losing its sanity and just jump to the cliff with his head first.

That's how the market behaves today, very unpredictable.

It formed like an axe!

Lots of long traders got axed today...

Was not able to update my real time trading posts due to tight trading schedule.

My trade got stopped at 11250 and my entry was at 11180 for a gain of 70 points.

Was not able to met my limit sell at 11300.

It drops after it reach 11290, 10 points shy away from 11300.

Moving sell limit to 11300...

Putting sell limit at 11290...

Bought YM again at 11180...stop at 11150...

Stop got hit, sell limit not met, gain 20 points...