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, ADSK triggered short (without market support due to opening 5 minutes) and worked:
Rich’s JDSU triggered short (without market support due to opening 5 minutes) and didn’t really work:
NFLX triggered long (without market support) and ran huge all day, quite a performance from the one stock I saw that didn’t open under its gap fill threshold:
COST triggered short (with market support) and didn’t work:
Rich’s GMCR triggered long (without market support) and worked:
In total. ironically, that’s only 1 trade triggering with market support, and it didn’t work. NFLX and GMCR were the big winners.