Daily PM Prep - May, 08

** Preparation for Closing Session **

MARKET CONDITIONS



SPY - Not much has changed from the morning view, as the market is acting as expected, continuing the up move. Seems to be respecting a 5 minute channel up. This is our first reference point. The second most important reference for this up move is the longer trend up. As long as this line is respected, the bullish bias will continue.
Bias: Bullish
Accuracy: 100%

PM Stock Selection Sheet download - since I am a little late into my preparation, the list is posted without the analisys.
Updated at 13:00


Want more information about the Stock Selection Sheet?
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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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