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, OREX triggered long (with market support) and worked:
ARNA swept the trigger (without market support due to opening 5 minutes) and didn’t work, but a clean trigger later did:
From the Messenger/Tradesight_st Twitter Feed, Rich’s CAT triggered long (with market support) and didn’t work:
TLT triggered short (ETF, so no market support needed) and worked:
Rich’s AAPL triggered short (without market support) and worked great:
His GOOG triggered short (with market support) and worked:
His GS triggered long (with market support) and worked:
In total, that’s 5 trades triggering with market support, 4 of them worked, 1 did not.
