ALJ had consolidated a little just below its low resistance area but then quickly pushed into the area today. It went too far for me to enter on the daily chart. After the first day its already halfway through. This particular trade is not good for a daily entry anymore but it does show how stocks can still move very well even though the market is slowly climbing through minor resistance levels. remember, its the "teflon" market. its climbing up like a determined sloth. i was thinking i should avoid american stocks until the sp500 could really open up above 1344 but maybe that doesnt matter, unless i was trading the sp500 futures specifically. 
I entered /GC and /HO futures. Both look really good. I dont know why i didnt enter /HO yesterday though.
I entered /GC and /HO futures. Both look really good. I dont know why i didnt enter /HO yesterday though. 
I am watching some stocks: ADSK, AES, AIV, AMZN
No comments:
Post a Comment