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. ETF calls do not require market support, and are thus either winners or losers.
From the report, PAAS gapped under, no play, although it filled the gap and then worked fine.
From the Messenger/Tradesight_st Twitter Feed, NFLX triggered short (without market support due to opening 5 minutes) and worked:
Rich’s AAPL triggered short (with market support) and worked:
His HLF triggered short (with market support) and worked:
His CF triggered short (without market support) and didn’t work:
AMZN triggered long (with market support) and didn’t work the first time, worked great later:
Rich’s RAX triggered long (with market support) and worked:
His MA triggered long (with market support) and worked:
His FAS triggered long (ETF, so no market support needed) and worked:
In total, that’s 7 trades triggering with market support, 6 of them worked, 1 did not.