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, ADSK triggered short (without market support due to opening 5 minutes) and worked enough for a quick partial:
CSAL triggered short (without market support) and worked enough for a partial:
PNFP gapped under the trigger, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich’s GOOGL triggered long (with market support) and worked:
GS triggered long (with market support) and worked:
Rich’s AMZN triggered long (with market support) and worked:
His VXX triggered short (ETF, so no market support needed) and didn’t work:
His IBB triggered long (ETF, so no market support needed) and worked:
His FB triggered long (with market support) and worked:
In total, that’s 6 trades triggering with market support, 5 of them worked, 1 did not.