BMO - ES -11.25 and NQ -19.25 point
to a lower open…
XLF is down 17 cents…
Euro is down 53 pips…
TLT is up 1.32…
Look for potential bullish divergence and support
bounce entries on up and sideways trending stocks and bear flag and support
break on down trending stocks…
Follow your rules for entry, exit, adjust stops
to protect profits at this time according to your rules...
Quoting Up: BMC, VRTX, DLTR, YHOO, GILD, TLT, FAZ, GRPN
QUOTING Down: ISGR, GOOG, AAPL, PCLN, AMZN, GOLD, WRM, WYNN, BIDU,
FAS, CRM, UCO
1 comment:
Dear Dave,
You constantly teach us the three core tenets of technical analysis one of which is that "price/market action takes into account all known information." You have also told us over and over that two things that can cause volatility in the market is: "uncertainty" and "negative surprises." Yet I noticed that you choose words like Greece 'concern' and JPM 'worries'. I know you choose your words very carefully, so why not say "Greek uncertainty" and "JPM negative surprise"? Is it just semantics? Are you just paraphrasing news outlets?
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