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, GRMN triggered long (without market support due to opening 5 minutes) and worked:
NFLX triggered long (without market support due to opening 5 minutes) and worked:
ENDP gapped past the trigger, no official play, although it retraced and triggered later and worked.
From the Messenger/Tradesight_st Twitter Feed, Mark’s HD triggered long (with market support) and worked:
His AKAM triggered long (with market support) and didn’t work:
Rich’s GS triggered short (with market support) and worked:
His AAPL triggered short (with market support) and worked:
In total, that’s 4 trades triggering with market support, 3 of them worked, 1 did not.