Daily PM Prep - April, 24

** Preparation for Closing Session **

MARKET CONDITIONS



SPY - Market is in a sideways movement above 157.25 suggesting that it is holding this level. The up trend line should also work as a support to this up move. As long we are above 157.25 the bias is bullish and since it consolidating now, neutral bullish. If we go below 157.25 bias will change to bearish. The break of this consolidation is too happen today afternoon, most likely tomorrow.
Bias: Neutral Bullish
Accuracy: 100% - market closed near the trend line. Did not do much in the afternoon.

PM Stock Selection Sheet download
Updated at 13:30


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Read this before using the information provided in this page:
1.Educational purpose material only. Use this information at your own risk. 2.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.3.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.4.The afternoon sheet will be updated between 13:00 and 14:00

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