Volume didn’t return to the market today, and the market finished down slightly.

The market is very overbought right now and should pull back soon. If the market can work off its overbought condition and avoid a big sell off, it would be a very bullish sign
There were some triggers from the Watchlist, but some were under pressure in the afternoon, barely hanging on to their gains. Let’s look at those:





Good luck and good trading!
One Response
Momentum Trader Report: 01/28/09 by momentum-trader.com
January 28th, 2009 at 11:14 pm
1[…] Here’s a pick from earlier this month that triggered on 01/05/09. […]
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