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 essentially neutral all morning.
From the report, CPWR triggered short (without market support due to opening five minutes) and worked:
In the Messenger, AMZN triggered short (without market support) and didn’t work:
AAPL triggered long (with market support) and didn’t work:
Rich’s MON triggered long (with market support) and worked:
AMGN triggered long (with market support) and didn’t work:
In total, that’s 3 trades triggering with market support, 1 of them worked, 2 did not.