Market finally broke the consolidation today.. unfortunately it was to the down side. Looking at the chart it seems we are headed back to around the 1425 level on the spx. That is the next area of major support that I see. Trading was somewhat slow today but we still nailed some nice shorts in $nflx, $fwrd $nte in the bulls room for a total of $521 in gains today! Here is a look at the trades from today plus my top trading ideas for tomorrow:
If you are interested in trying out the room.. send me an email mb.willoughby@gmail.com and find out what you have been missing out on!
ARRY- chart strong in a down market today.. watching for breakout
SNTS- breakout watch.. multiple taps of 9.01
ZLC- breakout watch
AHS- gap fill potential
COT- breakdown watch
DSCO- flagging.. looks hot for a move. strong today relative to the market
ELX- bouncing off ma.. looks headed back to 8 bucks. strong relative to the market
