Today's rally felt lame, especially with the sell-off into the close. Friday's jobs data will likely give more clarity. Until then we have initial claims (consensus 650k) tomorrow in pre-market and factory orders at 10:00.Gapping after hours ADBE, SIGM, and GYMB
9 comments:
Hi Jamie,
I actually shorted GYMB this morning on the break of the 4th bar on the 5 min chart. Is that a trade you would have taken?
Thanks
504,
Yeah, that's a good entry, price was rejected at S2 and fell back down.
futures pointing negative...the rally couldnt last too long...
SJ
Yeah, feels like we need a more meaningful bottom before we can really rally.
naz is looking ok to test 1400
cheers
almost tagged my level today.... not a bad call from last week.
Lars,
I want the extra 15 points ;)
you wanted it, you got it.. 1400 .. lets see what info 1450 gives us... this market is hella pumped up...
insane bond and oil trades in the last two days i've been hitting 6R, 7R, 8R+ trades ... amazing.
thanks for the great site that helped me retool my approach.
Lars,
Congrats on awesome trades. I've been hitting some big winners in biotech and oil.
Let's see if we can have 4 higher closes in a row.
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