top of channel... on low vol.
A pullback to the rising TL makes sense today -- we're running out of buyers at extended levels.
TSLA, DDD momo names are out of gas.
nvmd -- tsla green again.
soda, nflx, goog, gmcr green... hard to commit new money up here on extended charts.
DB green -- usually a bullish sign.
soda, nflx, mygn, tsla, goog, fslr, meli, yhoo, aig, gild green -- shorts might just get jammed again.
today's mistakes: Had two trades that would have paid the bills but took them off way too soon. You don't know what's going to happen. Can't cut your winners short.
what I did well: Had 3 losses and I let the stops take me out and did not get crushed at all.
Best trade I saw all day was a short on the classic WEDGE and b/d for /tf
|/tf Another ripper but sellers finally got some action|