Hello Everyone,
Quick Note: After yesterday's pullback, the major indices managed to HOLD SUPPORT (posted pre-market) and then grind higher throughout the session. The SPX closed back near Tuesday's high while the QQQ made a slight new high while IWM is lagging. Key support on ES remains at 4460.
Tonight, I will add some inverse ETF's to monitor the balance of the week for triggers.
Note: Several previous ideas on watchlist remain valid but simply have not yet triggered so continue to re-examine each night. Consider making a fresh top 10-12 setups each night and put on front page along with existing trades. My advice is to keep your total ideas to a manageable number. Lastly, it's best to wait at times for valid setups to form - sometimes less is more. Big moves tend to occur first and last hour and overnight sessions.
Please take a moment to look at the trade ideas.