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, IACI triggered short (without market support due to opening 5 minutes) and worked:
CREE triggered short (without market support) and worked enough for a partial:
In the Messenger, Mark’s MXIM triggered short (without market support) and didn’t work:
His SYNA triggered short (without market support) and worked enough for a partial:
Rich’s GOOG triggered long (with market support) and worked great:
AMZN triggered short (with market support for that one bar) and didn’t work:
Rich’s GDX triggered long (ETF, so no market support needed) and worked:
His CAT triggered long (with market support) and didn’t work:
COST triggered long (with market support) and worked:
Rich’s WYNN triggered long (with market support) and didn’t work:
His AAPL triggered long (with market support) and worked big:
In total, that’s 7 trades triggering with market support, 4 of them worked, 3 did not.
