NR: The Day after

After close analysis:

Will be busy next couple of days so didn't trade today. Looks like I didn't miss much since it was NR action and a wash on AB for the day following FOMC yesterday. Markets were mixed today but with a cnsld tone. There was one 2/6bo setup on AB which didn't reach its auto target, and another 2bo late in the day, but that was about it (yawn).

Thought(s) of the day: I really should get more sleep. Put together for roomies (not homies hehehe) a spreadsheet for backtesting 3 AB setups since beginning of 2005: can't complain since my results were close to 2 of these setups - really need to start following that 1-3mtb exit (is that on the I-5?). The 60m or 2bo in the morning caught my attention and looks like a valid setup too... wow, up to 4 setups on AB... coolamente! My gurl and I messed around w/'T'ahoo rooms and I really wanna dump that 'mirc'ury yikers.

Market breadth was -ve with Vold, Add, and Addq opening lower than previous day and was -ve in morning but improved later on. Although it's considered a down day but Vold's low reading of -438 means not too much thrust to the downside.

Futures were mixed: ES and AB held their ground while NQ finished below its ema for the day. AB with NR of 5.8pts. (!!) which implies a bo coming soon. ES's R200 sloping pattern still implies more upside and found support today on the ema (hmm).

Indices were lower. Dow looks like in a pullback mode and held above the emas, while SMH & SOX were decisively below their emas. Tomorrow will be an interesting scenario since today was an NR on most indices.

Overall neutral day!