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1 Fluidity Trader Chat Room w/Cynthia E. - Wednesday, October 12, 2016: Page Begin Page End Chat Roll Time Wednesday 10.012.16 1 15 Eastern Time Zone 7 :30 *** Hello Fluidity Team Traders – Welcome! *** 7 :30 *** DAILY TRADE TIP *** *** Perseverance is going from challenge to challenge without losing enthusiasm!” ~ Unknown Wednesday, October 12, 2016**** *** Announcement ****** Reports **** 15:00 Cynthia E: There are severe thunderstorms in my area and until just a few moments ago, I have been without internet for the last several hours. 15:00 Cynthia E: There is another wave coming this way now. 15:01 Cynthia E: I am unplugging my system now to protect for later. 15:01 Cynthia E: Reports will be published this afternoon after market close as usual UNLESS, this storm knocks the internet out throughout the evening. 15:02 Cynthia E: Just be aware that if the internet is down - it may not be possible to produce the daily reports. 15:02 Cynthia E: I will post again later to confirm reports have been posted - if the internet is up and all has gone as normal! 15:03 Cynthia E: If there are no posts later this evening. You can assume the internet is out of service. 17:34 Cynthia E: ** All REPORTS have been POSTED ** End of ****** *** Announcement ****** Reports ***** End 08:40 tsurf: Good morning all 08:42 Andy: gm 08:47 JerryH: GM 09:01 CRH: Good morning. Who's in control this morning? 09:01 CRH: The weak hands or the OTF? 09:04 Miss Bea: gm crh, i'd say weak hands based on pace, also OTF is usually only seen during normal mkt hours (9:30 - 4) imo 09:05 Miss Bea: after the bell we may see some difference coming in, or were you referring to once the bell rings? 09:05 CRH: Thanks Miss Bea 09:07 Miss Bea: you can call me bea or mb, instead of typing out miss bea 09:07 jjflash: Bea welcome back 09:07 Cynthia E: Good Morning Traders! Welcome to Wednesday!

Cynthia E : ** All REPORTS have been POSTED · 09:23 Cynthia E : Therefore, now the question we are watching this morning is will price resume yesterday's downtrend with a lower low

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Page 1: Cynthia E : ** All REPORTS have been POSTED · 09:23 Cynthia E : Therefore, now the question we are watching this morning is will price resume yesterday's downtrend with a lower low

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Fluidity Trader Chat Room w/Cynthia E. - Wednesday, October 12, 2016:

Page Begin Page End Chat Roll Time

Wednesday 10.012.16 1 15 Eastern Time Zone

7 :30 *** Hello Fluidity Team Traders – Welcome! ***

7 :30 *** DAILY TRADE TIP *** ***

Perseverance is going from challenge to challenge without losing enthusiasm!” ~ Unknown

Wednesday, October 12, 2016**** *** Announcement ****** Reports ****

15:00 Cynthia E: There are severe thunderstorms in my area and until just a few moments ago, I have been without internet for the last several hours. 15:00 Cynthia E: There is another wave coming this way now. 15:01 Cynthia E: I am unplugging my system now to protect for later. 15:01 Cynthia E: Reports will be published this afternoon after market close as usual UNLESS, this storm knocks the internet out throughout the evening. 15:02 Cynthia E: Just be aware that if the internet is down - it may not be possible to produce the daily reports. 15:02 Cynthia E: I will post again later to confirm reports have been posted - if the internet is up and all has gone as normal! 15:03 Cynthia E: If there are no posts later this evening. You can assume the internet is out of service.

17:34 Cynthia E: ** All REPORTS have been POSTED ** End of ****** *** Announcement ***** * Reports ***** End

08:40 tsurf: Good morning all 08:42 Andy: gm 08:47 JerryH: GM 09:01 CRH: Good morning. Who's in control this morning? 09:01 CRH: The weak hands or the OTF? 09:04 Miss Bea: gm crh, i'd say weak hands based on pace, also OTF is usually only seen during normal mkt hours (9:30 - 4) imo 09:05 Miss Bea: after the bell we may see some difference coming in, or were you referring to once the bell rings? 09:05 CRH: Thanks Miss Bea 09:07 Miss Bea: you can call me bea or mb, instead of typing out miss bea 09:07 jjflash: Bea welcome back 09:07 Cynthia E: Good Morning Traders! Welcome to Wednesday!

Page 2: Cynthia E : ** All REPORTS have been POSTED · 09:23 Cynthia E : Therefore, now the question we are watching this morning is will price resume yesterday's downtrend with a lower low

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09:07 Miss Bea: wanted to get it changed since it's a mouthful but haven't been able to get that accomplished 09:07 Miss Bea: morning jj 09:07 bru: hello Cyn and traders 09:07 Cynthia E: Great question and answer CRH and Miss Bea 09:08 tsurf: Good morning Cyn 09:08 Mark_C: gm all 09:09 Infinity Josh: GM Everyone! 09:10 Cynthia E: Yes, CRH, Miss Bea is correct here. overnight participants are generally always 'weak hands'. True money managers (meaning large mutual fund/hedge fund managers will not typically waste their effort or take the risk to trade in the 'low volume' session, they typically only participate during live market hours. 09:11 Cynthia E: That is why CRH, that we track whether overnight inventory is net long, neutral, or net short, because knowing that the hands are weaker, extreme overnight inventory stance very often sets up an early liquidation or short cover move. 09:11 Cynthia E: So let's take a look and see where we actually are this morning. 09:14 Cynthia E: http://www.fluiditytrader.com/shared/Snagit8.png

Page 3: Cynthia E : ** All REPORTS have been POSTED · 09:23 Cynthia E : Therefore, now the question we are watching this morning is will price resume yesterday's downtrend with a lower low

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09:14 Cynthia E: So here is our price histogram chart and it shows the overnight histogram at the far right (the 2nd histogram back from the right is YESTERDAY's histogram) 09:14 Cynthia E: So in order to judge overnight inventory status, you will notice that I always draw a line from the YC (yesterday's close) through the overnight histogram. 09:14 Cynthia E: That is the measurement. 09:15 Cynthia E: We look at whether the overnight distribution is equally split above and below the YC (neutral), whether it mostly above it (net long), all above it (100% long, mostly below it (net short), or all below it (100% short). 09:16 Cynthia E: So this morning - we do not have a significant overnight inventory stance, nor do we have a strong possible 'adjustment' - because the overnight inventory this morning is NEUTRAL (generally equally split above and below the YC). 09:17 Cynthia E: What we do want to notice this morning is that the ONH topped out just a point above the swing high at 2139.50, found resistance and returned down below the POC and toward the YL. 09:18 Cynthia E: That means so far that our key potential resistance range at the rally high / swing high (2135/39.50) is indeed showing early resistance, which means that unless bulls REALLY come in strong this morning - there are better odds for a retest of the YL and potentially 2110.50, then to retest the YH and the gap from yesterday. 09:18 Cynthia E: So let's look at how this effects the 3600 09:19 Cynthia E: *affects 09:21 Cynthia E: http://www.fluiditytrader.com/shared/Snagit9.png

09:21 Cynthia E: So here is our 3600 09:21 Cynthia E: What we know is that yesterday was a STRONG downtrend. 09:21 Cynthia E: At the close, price was working on a significant retracement phase. 09:22 Cynthia E: But, in the overnight session, when price reached the 2139.50 level (the necessary level to BREAK yesterday's downtrend with a higher high, the market was unable to sustain a move above. 09:23 Cynthia E: Therefore, now the question we are watching this morning is will price resume yesterday's downtrend with a lower low below the YL, or will we put in a HIGHER LOW and breakout above 2140 to get the REVERSAL in progress? 09:24 Cynthia E: http://www.fluiditytrader.com/shared/Snagit10.png

Page 4: Cynthia E : ** All REPORTS have been POSTED · 09:23 Cynthia E : Therefore, now the question we are watching this morning is will price resume yesterday's downtrend with a lower low

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See Chart on Next Page:

09:24 Cynthia E: So technically this morning - this is where we stand. 09:25 Cynthia E: Despite the LARGE swings (they are wider just because of the range of yesterday's downtrend), our GREEN line is up at 39.75 with the RED line down at 22.75. 09:25 Cynthia E: This is where the BIGGER or stronger opportunities will be. 09:26 Cynthia E: Now we do have smaller swing highs/lows inside this range - but if you choose to trade the 'in the middle' levels you need to do so with that fact in mind ... 09:26 Cynthia E: That you are trading INSIDE the larger more important levels and therefore, adjust your targets accordingly. 09:26 Cynthia E: In other words ... 09:28 Cynthia E: http://www.fluiditytrader.com/shared/Snagit11.png See Chart on Next Page:

Page 5: Cynthia E : ** All REPORTS have been POSTED · 09:23 Cynthia E : Therefore, now the question we are watching this morning is will price resume yesterday's downtrend with a lower low

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09:28 Cynthia E: If you attempt to trade the CL Break Long above 2133.25 - your TARGET is the test of the larger level at 2139.75 (with the realization that the market might miss and put in a LOWER high). 09:29 Cynthia E: If you attempt to trade the CL Retest Short below 2127.75 - your TARGET is the test of the larger level at 2122.75 (also with the realization that the market might miss and put in a HIGHER low). 09:29 Cynthia E: 30 secs 09:30 Cynthia E: Layla 09:30 Cynthia E: Let's roll 09:30 Cynthia E: DO = 2132.00 09:32 Cynthia E: Remember there is not an obvious needed overnight inventory adjustment, and yesterday's N/O range had a very jagged right edge - so seeing indecisive consolidation in this zone, makes a lot of sense 09:33 Cynthia E: Basically the market is spending time here repairing the jagged egde range in the N/O zone 09:33 Cynthia E: Perfect resistance hold at 33.25 09:34 Cynthia E: Also remember that overall inventory in the ST as well as in the IT/LT remains 'net long' 09:34 Cynthia E: If the sentiment and focus stays on long liquidation - we could see some acceleration back toward 2110.50 09:34 Cynthia E: BIG note here!!! 09:34 Cynthia E: HOD held 2132.25 as resistance!!! 09:34 Cynthia E: We are inside the 21 mo balance at the moment on the MONTHLY 09:35 Cynthia E: Rotating right inside our narrow range 09:35 Cynthia E: 1 tick look above 32.25, perfect touch to 27.75 09:37 Cynthia E: Great job Mark! ^3

Page 6: Cynthia E : ** All REPORTS have been POSTED · 09:23 Cynthia E : Therefore, now the question we are watching this morning is will price resume yesterday's downtrend with a lower low

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09:37 Mark_C: thanks 09:38 Cynthia E: There is the first strong look below 27.75 - don't get hammered! 09:39 Cynthia E: Now realize - if you are an RTM trader and you are shorting the resistance, and buying the support - your TARGET (as RTM - reversion to the MEAN suggests) is the CENTER of this range at 2130 ... NOT the opposite extreme. 09:41 JoJo: S27.25 09:41 jjflash: sp 27.50 09:41 forest: s 27 09:41 Cynthia E: There is the CLOSE below 27.75 for a 'smally opportunity' trade 09:44 jjflash: +0.5 09:45 jjflash: using 27 09:46 Cynthia E: Stepping out here B/E 09:46 JoJo: -1 09:46 Cynthia E: Yes JJ! 09:46 Deni: me too 09:46 Cynthia E: RED line now = 2127.00 09:46 PJ: -1 09:46 forest: -1 09:47 tsurf: -.75 09:47 Cynthia E: But we really need to see a decent retracement here back toward 2130/31 09:47 jjflash: at least to HW or more 09:48 jjflash: so far wma retest 09:49 Cynthia E: Bulls definitely bear the burden here relative to the long term perspective! 09:50 Cynthia E: Remaining below 2132.25 keeps bearish sentiment strong. 09:50 Andy: range targets 2137.25/2122.50 09:53 Cynthia E: GREEN line still at 2133.25, RED line at 2127.00 09:53 Cynthia E: Here is the retracement 09:56 Cynthia E: Here is the important retest!! DO and 2132.25 09:57 Andy: time change 3m 10:01 Cynthia E: Heads up! Testing 33.25 again 10:04 Cynthia E: Strong reversal in A/D back to positive territory 10:05 Cynthia E: C period has opened above the DO and held the DO as support to start a 1 TF UP ... now testing the POC! 10:05 jjflash: lp 33.75 10:05 Cynthia E: There is the CLOSE above 33.25 10:06 forest: L 33.50 10:08 JoJo: im not taking 10:08 Cynthia E: I'm passing as well 10:08 Cynthia E: Perfect rejection at the exact touch to the POC 10:08 PJ: me too 10:08 forest: -1 10:08 JoJo: yep 10:08 jjflash: -1 10:09 JoJo: today I see RTM trading today 10:09 JoJo: perfect touch to O high 10:09 Andy: fyi FOMC 2pm et release 10:10 jjflash: 33.75 10:11 Cynthia E: GREEN line now = 2134.00 10:15 Cynthia E: So now with C period back inside the B period range we need to see if the C period high holds as selling tail excess off the touch of the POC, or whether C holds support inside the B range keeping the lower B range as buying tail support. 10:17 Cynthia E: Testing 2134 again now 10:17 Cynthia E: CL held support near DO 10:18 JoJo: RL 31.25? 10:19 Cynthia E: Yes - but again - the range is narrowing, and the levels are getting more and more 'in the middle' so take your 'walks' and/or manage accordingly

Page 7: Cynthia E : ** All REPORTS have been POSTED · 09:23 Cynthia E : Therefore, now the question we are watching this morning is will price resume yesterday's downtrend with a lower low

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10:20 Cynthia E: I actually have 2131.75 10:20 jjflash: me 2 10:20 Deni: me 3 10:21 JoJo: mkt may want to test that 38 area 10:21 JoJo: this bo I will take 10:21 JoJo: if we close above 10:24 JoJo: irish would be short around here? 10:25 JoJo: where has he been? 10:25 Cynthia E: Umm possibly ... unlikely though 10:25 Cynthia E: More likely he would have shorted the POC and already taken a few points 10:25 Cynthia E: Not sure. 10:25 JoJo: hope he's ok 10:25 Cynthia E: Trying to touch base with him today 10:26 JoJo: L34.25 10:26 Cynthia E: He is ... I've gotten email from him - just haven't 'seen' him here in chat 10:26 Cynthia E: Here is the CLOSE above 2134 10:26 JoJo: took on momentum 10:27 Andy: time change 3m 10:27 JoJo: hope POC supports 10:27 forest: L 35.50 10:27 jjflash: lp 35.25 10:28 Cynthia E: Great entries guys! 10:28 Deni: missed it 10:28 Cynthia E: Enough room to get the +3.00s on the way to test the swing high at 39.50 (yesterday's H high), and the overnight swing high at 39.75 10:29 JoJo: Stop is moved 10:29 jjflash: but 33.75 LIS 10:30 JoJo: +.75 10:30 Cynthia E: D now open with a BULL GAP (D open to B high) 10:30 jjflash: 14400 prior resistance at 37.50 area also 10:31 Cynthia E: Yes - agree JJ - watching that ... 2137.75 was the YHW as well as the candle body highs on the H period swing high and overnight swing high 10:31 JoJo: 1 tick away form my 3 arrggh 10:32 Cynthia E: It happens Jojo 10:32 JoJo: yep 10:32 Cynthia E: Happened to me yesterday ... Miss Bea got her +3, I was 1 tick behind, so it touched my target but didn't trade through and fill my order! C'est la vie! 10:32 JoJo: POC holding supp 10:34 jjflash: actually a break of that 14400 resistance level would be a small trendchange I blieve 10:34 Cynthia E: It would be a relatively large trend change - based on intraday action 10:35 jjflash: -0.5 10:35 jjflash: done -1 for the day 10:35 forest: -1.25 10:35 Cynthia E: That's why the focus or starting points this morning were 2139.75 and 2122.75 10:36 Cynthia E: Same for me ... OUT -0.50 10:36 Cynthia E: Sorry for delay in post - was typing the above during exit 10:36 jjflash: LIS test and perhaps a good entry level but bullets gone 10:36 jjflash: nope 10:37 Cynthia E: D period filled the gap, and now entering B period range again 10:37 Cynthia E: Buyers continue to remain weak here! 10:37 tsurf: 1 tick from +3, took .25 lol 10:38 tsurf: testing 32.25 again 10:38 Cynthia E: http://www.fluiditytrader.com/shared/Snagit13.png See Chart on Next Page:

Page 8: Cynthia E : ** All REPORTS have been POSTED · 09:23 Cynthia E : Therefore, now the question we are watching this morning is will price resume yesterday's downtrend with a lower low

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10:39 Cynthia E: The 14400 chart JJ and I are discussing provides a better long range picture of the current perspective! 10:39 CRH: Is today's price action an indication of only short term participants and no higher time frame involvement? 10:39 Cynthia E: From yesterday's trend ... price has NOT yet really changed direction! 10:39 Cynthia E: Yes CRH - for the most part that is correct. 10:39 JoJo: nope 10:40 Cynthia E: That is just where I was going with the pic above of the 14400 10:40 CRH: So a trend resumption or trend break on the 14400 may indicate longer term traders entering? 10:40 Cynthia E: If there was significant OTF participation here this morning - then price (bulls) would not be struggling here to achieve a trend BREAK (move above 2137.75) to start reversing yesterday's downward move 10:41 CRH: Got it 10:41 Cynthia E: Yes ... it would be longer term buyers, or stronger, longer term participation in the liquidation (with the REAL force of participation still being triggered down at 2110.50 as we discussed yesterday). 10:42 Cynthia E: So does everyone see here that ALL of this morning's action has just generally been uncertainty within yesterday's already established retracement range or bear flag range? 10:42 JoJo: yep 10:42 tsurf: yes 10:42 Miss Bea: y 10:42 Cynthia E: Bulls keep TRYING here to gain momentum, but what we are seeing is 'traders selling rallies' 10:42 JoJo: RTM day indeed 10:42 JerryH: yes 10:42 Cynthia E: Each time the market pushes up ... traders that haven't yet bailed out are trying to recapture lost ROI 10:43 CRH: Appears to be a very hard market to trade. 10:43 Cynthia E: That is why these downward moves are showing larger bar ranges. 10:43 Cynthia E: Yes indeed CRH ... we call this type of trend a 'grinding' trend - and it is VERY hard to trade. 10:44 CRH: SOH!!!! 10:44 Cynthia E: That is precisely why I said this morning that the BIGGER opportunities today would come as a result of the exit from the 2139.75 (on 3600 vs. 14400) and 2122.75 range. 10:45 Cynthia E: For those that had good trade location and came within a tick of your +3.00 - the +2 or +2.50 should have been taken ... knowing that you were trading 'in the middle' of this range and working for 'small opportunity' targets! 10:46 Cynthia E: I was actually late this morning into both trades and my trade locations were not as good (due to typing, which just happens for me sometimes) 10:47 JoJo: well in the fat part of HISTO, nothin doin 10:47 JoJo: would you call this fat part? 10:49 Cynthia E: Yes Jojo - absolutely 10:49 Cynthia E: As I said this morning - repairing the jagged right edge 10:50 Cynthia E: Heads up! 10:50 Cynthia E: Testing 2131.75 again

Page 9: Cynthia E : ** All REPORTS have been POSTED · 09:23 Cynthia E : Therefore, now the question we are watching this morning is will price resume yesterday's downtrend with a lower low

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10:50 JoJo: S31 10:50 Miss Bea: wouldn't it be better to wait for a lower hi to get established b4 taking a short here 10:51 Cynthia E: That's just the strongest version of the M top Miss Bea 10:51 Cynthia E: Remember we can have a regular divergence .. higher high, an equal high, or the lower high 10:51 Cynthia E: All are valid - the confirmation is whether the TREND is broken with the LOWER Low 10:52 jjflash: practice only sp 31 10:52 Cynthia E: But - that said - a move outside this 'in the middle' range would improve odds 10:53 Cynthia E: Overall - in the bigger picture 10:53 Cynthia E: Price found resistance in the 2135/39.50 zone! 10:54 Cynthia E: That keeps the DAILY in bearish stance and confirmation of 2132.75/32.25 as resistance sets the target for 2110.50 10:55 JoJo: took walk 1.25 10:55 JoJo: +1.25 10:55 PJ: wtg JoJo 10:56 Miss Bea: add em up jojo! 10:57 jjflash: would be a nice M break at 27,,,,if 10:57 JoJo: this mkt doesn't want to go anywhere 10:58 JoJo: gonna watch this LIS test 31.75 the RL 29.5 10:59 JoJo: I guess that was the test..LOL 11:00 Cynthia E: E now opening below 2132.25 11:00 Cynthia E: Nice job Jojo 11:00 Cynthia E: JJ - the M break was really at 2131.75 11:00 JoJo: 29.5 RL? 11:00 Cynthia E: NO 11:00 JoJo: in the middle 11:01 Cynthia E: The RED line was at 2131.75 and still is 11:01 JoJo: got it, sorry gets confusing..correct 11:01 PJ: where is CL? 11:01 Cynthia E: The breakout below 2127 will just be a support break to test the bear flag low at 2122.75 11:01 jjflash: was looking at 2 day 14400 pattern cyn 11:01 jjflash: yes to test 22.75 11:01 Cynthia E: Remember JJ - M's are the tops of upward drives 11:01 Cynthia E: Exactly JJ 11:02 Cynthia E: That's not an M ... it's at the bottom of a down move - not the top of an up move 11:02 Cynthia E: M's are upward to downward reversals 11:02 Cynthia E: W's are downward to upward reversals 11:02 Cynthia E: What you are looking at on 14400 is a trend CONTINUATION pattern, not a reversal pattern - aka a bear flag ... not an M 11:02 jjflash: so W at 37.50 area 11:02 Cynthia E: CL = 2131.09 11:02 Cynthia E: YES exactly 11:04 jjflash: BE gotta run 11:05 Cynthia E: Have a good day JJ 11:05 PJ: bye JJ 11:05 Cynthia E: Continued rotation 11:05 JoJo: bye JJ 11:06 tsurf: take care jj 11:07 CRH: Gotta go. Thanks for the lessons all. 11:07 Cynthia E: So far the entire day has just been repairing the holes and jagged struture that was created yesterday between 2136.75 and 2128.50 11:07 tsurf: sure has 11:08 Cynthia E: Price opened within the SAME range as we closed yesterday, and has remained within that range this morning. 11:08 Cynthia E: That is WHY trading this morning has been more challenging. 11:09 Cynthia E: The key to great trades is CHANGE 11:09 JoJo: very

Page 10: Cynthia E : ** All REPORTS have been POSTED · 09:23 Cynthia E : Therefore, now the question we are watching this morning is will price resume yesterday's downtrend with a lower low

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11:09 Cynthia E: When the market isn't offering significant change, it makes the landscape much more challening. 11:09 Cynthia E: *challenging 11:09 Cynthia E: Essentially our day has just been a narrow range 'normal variation day' 11:09 JoJo: and histo looking like a normal variation now 11:10 JoJo: jinx 11:10 Cynthia E: Testing back and forth within the pre-defined S/R range we outlined pre-market. 11:10 tsurf: after yesterday maybe not to surprizing 11:10 Cynthia E: It is time for WHITE charts - while I get them, are there any questions on this morning's action? 11:10 Miss Bea: no 11:10 Cynthia E: Very true tsurf - it is absolutely not uncommon to see a large range day followed by a day of smaller range and consolidation (a pause after the big move) 11:11 JoJo: nada 11:11 tsurf: also have FOMC mins. later today 11:12 JoJo: its just mins? volatitly expected with mins? 11:12 Cynthia E: The minutes typically do not create the same level of volatility as the announcement. 11:13 Cynthia E: The minutes is just a reading of the notes taken at the last meeting / announcement 11:13 JoJo: got it thanks 11:15 tsurf: true, it just seems that there is consoladation before release of what they already said, like they are gonna bust a big change in the tone of talk 11:17 Cynthia E: http://www.fluiditytrader.com/shared/Snagit14.png

11:17 Cynthia E: Here is the MAJOR swing chart 11:17 Cynthia E: We had the Step 1 Downtrend yesterday. 11:17 Cynthia E: The close started the Step 2 Retracement drive

Page 11: Cynthia E : ** All REPORTS have been POSTED · 09:23 Cynthia E : Therefore, now the question we are watching this morning is will price resume yesterday's downtrend with a lower low

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11:18 Cynthia E: And we haven't broken to Higher Highs to complete the reversal, or broken to Lower Lows to resume the trend ... so we have just been continuing to remain in the Step 2 Retracement phase 11:18 Cynthia E: Following the failed higher high in the overnight session - price has just consolidated being indecisive on whether it wants to reverse or resume. 11:18 Cynthia E: That is why we have seen rotation here this morning. 11:21 Cynthia E: Here is the MINOR swing chart showing the consolidation 'in the middle' 11:21 Cynthia E: Before we wrap up, I want to go back and repost a few of the PRE-MARKET comments. 11:22 Cynthia E: Repost http://www.fluiditytrader.com/shared/Snagit10.png

11:22 Cynthia E: Repost: 8:24 Cynthia E: So technically this morning - this is where we stand. 8:25 Cynthia E: Despite the LARGE swings (they are wider just because of the range of yesterday's downtrend), our GREEN line is up at 39.75 with the RED line down at 22.75. 8:25 Cynthia E: This is where the BIGGER or stronger opportunities will be. 8:26 Cynthia E: Now we do have smaller swing highs/lows inside this range - but if you choose to trade the 'in the middle' levels you need to do so with that fact in mind ... 8:26 Cynthia E: That you are trading INSIDE the larger more important levels and therefore, adjust your targets accordingly. 8:26 Cynthia E: In other words ... 11:22 Cynthia E: Repost http://www.fluiditytrader.com/shared/Snagit11.png See Chart on Next Page:

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11:23 Cynthia E: Repost: 8:28 Cynthia E: If you attempt to trade the CL Break Long above 2133.25 - your TARGET is the test of the larger level at 2139.75 (with the realization that the market might miss and put in a LOWER high). 8:29 Cynthia E: If you attempt to trade the CL Retest Short below 2127.75 - your TARGET is the test of the larger level at 2122.75 (also with the realization that the market might miss and put in a HIGHER low). 11:23 Cynthia E: We could see it pre-market! 11:24 Cynthia E: That the BETTER opportunities would be OUTSIDE the wider range (which we have not achieved), and that ANYTHING inside could be higher risk, and lower opportunity if the 39.75 and 22.75 targets were 'missed' (which is exactly what has occurred) 11:24 Cynthia E: Sometimes it seems harder to be disciplined about taking 'walks' - but when the market is showing the need - it is important to do so! 11:25 JoJo: agreed 11:25 Cynthia E: Any comments or questions?? :) 11:25 JoJo: well thats it for me..thanks cyn 11:25 JoJo: have great day all 11:25 Cynthia E: Have a great day Jojo 11:25 tsurf: Cyn, not seeing wht minor trend chart 11:25 PJ: bye JoJo 11:25 tsurf: ? 11:25 Miss Bea: no cyn,thx and see you tomorrow 11:25 Cynthia E: White Minor Trend Chart

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11:25 Cynthia E: http://www.fluiditytrader.com/shared/Snagit15.png

11:26 tsurf: Thanks :-) 11:26 PJ: Thanks Cyn, see you tomorrow 11:26 PJ: Bye Miss Bea 11:26 Cynthia E: You bet! 11:26 Cynthia E: Thanks Miss Bea, tsurf, and PJ! 11:26 JerryH: Thx Cyn 11:26 Cynthia E: Here is the final histo post 11:26 Andy: time change 3m 11:27 Cynthia E: http://www.fluiditytrader.com/shared/Snagit16.png See Chart on Next Page:

Page 14: Cynthia E : ** All REPORTS have been POSTED · 09:23 Cynthia E : Therefore, now the question we are watching this morning is will price resume yesterday's downtrend with a lower low

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11:27 Cynthia E: All activity still filling in the jagged right edge left from yesterday's late day rally attempt. 11:27 Cynthia E: Everyone have a fantastic afternoon, I will see you back here tomorrow! 11:27 Cynthia E: Bye! 15:00 Cynthia E: *** Attention and Good Afternoon Traders *** 15:00 rstrader: good afternoon 15:00 Cynthia E: There are severe thunderstorms in my area and until just a few moments ago, I have been without internet for the last several hours. 15:00 Cynthia E: There is another wave coming this way now. 15:01 rstrader: hunker down 15:01 Cynthia E: I am unplugging my system now to protect for later. 15:01 rstrader: ok 15:01 Cynthia E: Reports will be published this afternoon after market close as usual UNLESS, this storm knocks the internet out throughout the evening. 15:02 Cynthia E: Just be aware that if the internet is down - it may not be possible to produce the daily reports. 15:02 Cynthia E: I will post again later to confirm reports have been posted - if the internet is up and all has gone as normal!

Page 15: Cynthia E : ** All REPORTS have been POSTED · 09:23 Cynthia E : Therefore, now the question we are watching this morning is will price resume yesterday's downtrend with a lower low

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15:03 Cynthia E: If there are no posts later this evening. You can assume the internet is out of service. 15:03 Cynthia E: ** End Announcement ** 15:04 Cynthia E: Thanks rstrader! Will do! :) 15:04 Cynthia E: Over and out for now! 16:23 Cynthia E: *** Internet is UP for now! Reports WILL post as usual as long as internet remains live while they are prepared! ** 17:34 Cynthia E: ** All REPORTS have been POSTED **

End of Chat Roll for Wednesday, October 12, 2016