** Prep for Closing Session **
MARKET CONDITIONS
SPY - Market still treding up searching for sellers. The target for this move is still 160.75. The first trend line is market momentum. If broken, market will begin a slower move. Second trend line is the other important referenc point. As long we are above 158.25 this expectation is valid. This level is important because it is also a support for the bull flag that broke up.
Bias: Bullish
Accuracy: 100% good reading of market movement.
PM Stock Selection Sheet download - sheet has a lot of names, so a secondary filter was used. Stocks that had move more than 2 times it´s ATR and stocks that had fewer volume will be ignored.
Updated at 14:00
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Read this before using the information provided in this page:
- Educational purpose material only. Use this information at your own risk
- Stocks may be added to the selection sheet at any time. They are used as a guide to select which stocks I will trade and set alerts . It does not mean that I follow all of them, that would be crazy.
- The Accuracy information is for my own use only. It is reviewed after I am done trading. This is just a way for me to measure how is my reading of the market and my confidence in it. I suggest you develop your own way to do this.
- The morning sheet will be updated between 8:00 and 9:00
- The afternoon sheet will be updated between 13:00 and 14:00
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