Bought YM at 12540 with stop at 12525...

The market is on a roll since 2012 open its first trading day.

A good sign for the market and seems the participants sentiments turns now to positive.

The last two years was a struggle for the investors (long term) and traders (short term) were the ones loving the market.

In the market, you can be both, it's just about how you understand and implement what you know about the markets.

The chart below shows the daily trend, and the way I can implies seems the market will continue its trend the whole year?

That's a daily question unless the perception of the participants changes with regards to market environment.

But for traders, the focus is on a daily basis.

The market finish high today.

The bears are no longer in control?, only in the short term maybe.

Nasdaq and the S&P futures market were on a smooth ride upwards today except for the Dow (YM).

The Dow struggled today in mid-afternoon trading and barely get off from its back.

Shorted at first high of the open and just barely made a few points.

I guess the bulls conquered the bears at the first drop and the market recovers to beat the first high.

Exited the trade at 12475 for a gain of 19 points...

Putting buy limit at 12463...

Looks like the short trade is gaining ground...will move the stop to break even to make it safe at 12490...