The Plan For Today
Well, the
Employment Numbers — which came in much worse
than expected — may throw us some nice volatility on the opening. However,
after the first 90 minutes, begin making your way out and begin the
holidays. Pre-holiday trading is typically sluggish and your edge decreases as
the day wears on.
My column on Monday will be extensive as it
relates to some recent trades, entry points and how to manage the
position. Enjoy your July 4th holiday.
Keep an eye on the following stocks as potential
intraday position trades:
| Intraday Setups |
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| Â | |||||
| Stock | Action | Â | Â | Â | |
| CHIR | Long | Â | Â | Â | |
| SII | Short | Â | Â | Â | |
| TOL | Short | Â | Â | Â | |
Â
| Support/Resistance Numbers for S&P and Nasdaq Futures |
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As always, feel free to send me
your comments and questions.