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.
Market direction was red basically the whole day. It’s a strange session because Rich was so sure about the breakdown that he posted a ton of trades before the open that worked, but they triggered in the opening five minutes.
Off the report, MYGN triggered long (without market support) and didn’t work:
SOLR triggered long (without market support) and didn’t work:
LIFE triggered long (without market support) and didn’t work:
In the Messenger, Rich’s FCX triggered short (without market support due to opening five minutes) and worked:
His RIG triggered short (without market support due to opening five minutes) and worked:
His AGU triggered short (without market support due to opening five minutes) and worked:
His KLAC triggered short (without market support due to opening five minutes) and worked enough for a partial:
AMZN triggered long (without market support) and worked:
BIDU triggered short (with market support) and worked:
Rich’s RVBD triggered long (with market support) and worked if you got any:
Rich’s SLW triggered short (with market support) and didn’t work:
In total, that’s 3 trades triggering with market support, 2 of them worked, 1 did not.