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, IACI triggered long (with market support) and worked:
XIDE gapped way over the trigger, no play.
ZION triggered long (with market support) and didn’t work:
CEDC triggered short (with market support) and didn’t work:
In the Messenger, Rich’s JOYG triggered short (with market support) and worked for over a point:
FSLR triggered long (with market support) and worked enough:
Rich’s CAT triggered short (without market support) and didn’t work:
GOOG triggered long (with market support) and worked:
In total, that’s 6 trades triggering with market support, 4 of them worked, 2 did not.
