Today’s strategy:
- First manage the gap down – price had been hitting the recent lows over and over again; what we want to first identify is if a post-gap bounce back to those prices – former support, now new resistance until proven otherwise, manages to hold up or prove to be a failing bounce.
- Hunt down safer short opportunities
- Check gold stocks (Gold up > 0,5%) (and other specific sectors) for long opportunities
I’m running late this morning and for the first part of today will post all swing trade setups within TrendVue Trader Talk.
The latest scan results are available in text form at http://www.trendvue.com/latestscan
05.03.16 09:24 #