Futures Roundup

Well, I don't know how to respond here. I took only one more futures trade in the afternoon session when ER2 broke the bottom of the doldrums range. However, YM did not confirm as it pierced the support but did not perform a clean break. A clean break occurs when support or resistance is pierced by one bar and then has the next bar perform cleanly below the line without touching it. That happened on the ER2, but YM did not have the clean break. So, I went short off the 5-min momentum indicator and sold out for a loss when markets reversed. This is exactly what happened yesterday when, after a long wait, YM closed below the doldrums range only to reverse and go higher. So, I was aware of that previous action. I quickly closed out my losing positions and went long ER2 and YM. I held those futures into the close and waited for the INTC, YHOO, and IBM earnings. INTC and YHOO kicked ass, IBM missed on margins a bit, but otherwise everything was ok. Following the announcements, ER2 and YM screamed higher. I will be holding into the morning and then will peel off holdings as market moves up. Oh, yes, the market will move higher in the morning.