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, SBAC triggered long (without market support by about two ticks) and worked:
PDLI triggered long (with market support) and worked:
SWIR triggered short (with market support) but we closed it around the entry when market direction shifted all the way:
From the Messenger/Tradesight_st Twitter Feed, FSLR triggered short (with market support in the afternoon) and worked enough for a partial:
Rich’s FOSL triggered short (with market support) and worked enough for a partial:
NFLX triggered long (with market support) and didn’t work:
Rich’s GLD triggered short (ETF, so no market support needed) and worked enough for a partial:
GOOG triggered short (with market support) and worked:
In total, that’s 6 trades triggering with market support, 5 of them worked, 1 did not. A lot of that was slow working due the market and you had to be patient.