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, MITK triggered long (without market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Mark’s TLT triggered long (ETF, so no market support needed) and worked:
BIIB triggered short (with market support) and didn’t work:
TWTR triggered short (with market support) and I eventually posted to close it where we opened it as it went too long:
In total, that’s 2 trades triggering with market support, 1 of them worked, 1 did not. TWTR was a wash.