The market was quiet until a late afternoon rally. The market appears to be resting before making some kind of move. As seen in this chart, the S&P 500 is bouncing off its trendline.
I had quiet a few stocks in the Watchlist going into today, and two triggered, although neither were big movers. Let’s look at those.
Two stocks triggered yesterday, and those continued nicely today.
I was only going to post on Sunday’s and Wednesday’s because I need some more free time. But I may go back to more frequent posts, but with less typing, more charts (if available) and doing a better job of maintaining the Watchlist. I am seeing quite a few charts that I like here for short term trades.
Although I have several charts, I am not looking for huge gains with these. I plan to lock in profits early.
Good luck and good trading!
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