Trading Dow Futures: Aug. 11, 2016

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$YM-Trading┬áThe Dow Jones Emini Futures┬ácontract for September ’16. At 7:00 am (CST) Slow Stochastics (5,3) crossed up below its 20 as the market moved below its lower Bollinger Band and then reversed back to the upside above 18,490. The market rallied past 18,510 when Stochastics crosses up again above its 50. The next 50 minutes sees a continuation of the rally but turns back at 18,530. 20 minutes more to the downside and a slight move below its lower Band only to see the market reverse again and move higher for 80 points. The three major indexes closed at new record highs.