A wild day in the markets today as it was a sea of red in chart land. Everything was crushed so bad today that there isn’t alot of great looking charts out there. Ideally, we gap up in the morning and then look to fade the gap. The great thing about being a momentum daytrader is that you can capitalize on all kinds of market moves. Despite the market condition, the bulls crew was on fire today with $1060 in gains. Here is my small watchlist for tomorrow as well as a look at the trades from today:
Don’t forget szaman’s blog on how we traded $nxst and $sbgi today here
Also don’t miss out on our upcoming bootcamp.. its better than ever this go around! Learn to take your trading to the next level and make this your job! I promise you will be happy you signed up. Email me mb.willoughby@gmail.com for more info.
PBYI- breakout watch
UNXL- strong stock in the mess today.. breakout looming
OTT- breakout thru 1.8
LGF- breakdown watch
RMBS- parabolic short watch
NPSP- bull flag
EA- breakdown watch