Daily PM Prep - May, 20

** Preparation for Closing Session **

MARKET CONDITIONS



SPY - Market is stronger than expected. It tried to get back below 166.50, but buyers refused to let sellers take control, so up move is likely to continue. The up channel is the main reference we have now. As long as the market is inside it, buyers are in control and in a strong up trend.
Bias: Bullish
Accuracy: 75%

PM Stock Selection Sheet download - lots of names to choose from. Set up alerts.
Updated at 12:55


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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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