With each stock’s recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early.
From the report, NTES triggered long (with market support) and ran more than enough for a partial:
IBKR triggered short (without market support due to opening five minutes) and worked enough for a partial:
PRXL triggered short (without market support due to opening five minutes) and worked enough for a partial:
In the Messenger, GOOG triggered long over the high of the opening 5 minute bar high (with market support) and worked:
RIMM triggered short (without market support) and worked:
NFLX triggered long (with market support) and worked great:
AAPL triggered long (with market support) and worked great:
FSLR triggered short in the afternoon (without market support) and worked:
COST triggered short (without market support) and didn’t work:
In total, that’s 4 trades triggering with market support, all four of them worked, as did some that triggered without market support like RIMM.
