Monday, June 17, 2013

June 17: Monday

/tf   gap up 1.1%  to  987.2

up: NFLX, AIG, BAC, TSLA, SCTY, GOOG, AMZN, SODA, GMCR

watch financials...  -- very strong.


all indices above 50 day MA -- don't overthink the uptrend. It's an uptrend.


Focus on /tf -- the   sup/res. levels.

The Market Signals.

8:52:  5 min  TL test   /tf --   holding on.  

$5 bil POMO today -- helping??

/tf  1%  gap up.

gap fill: 977ish.

Your system must allow a way for winners to stay on and run.

/tf - small decision wedge builds now.

after a wedge break -- the stop must be at least the break or backtest -- not the TL down.


flatish day...

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