TWI Workshop for February 21
Reflex rallies
are ripe for profitable trades when you can spot them. Members of
TradersWire Interactive often get the
jump on these moves, while the television pundits are still trying to figure out
what is going on.
13:30:50
Index Alert
The Nasdaq 100 ($NDX.X)
is moving higher out of a Haggerty 1-2-3 bottom. The index is now down 12.84
to 1374.43.
This move alone is enough
to profit from in the QQQs, Futures or E-mini’s. The push higher also translates
to individual stocks.
14:21:32
Intraday Setup Alert
FLIR Systems (FLIR)
is trading in a pennant at its intraday high. FLIR is up 1.51 to 49.15.
Whatever route you choose, you can use
TradersWire Interactive to capitalize
on moves that leave the uninformed grasping for answers in their wake. Leave the
search for reasons to the people in front of the cameras, while you cash in
behind the scenes.
Index alerts can be good insight into individual stocks, but they can also be
almost exact replicas of instruments that are designed to follow their price
action in the first place. This shortens your research time when you spot an
opportunity and want to get a position on quickly.
11:25:07
Index Alert
The Semiconductor Index ($SOX.X)
is breaking down beneath an intraday triple bottom. The index is being led
lower by Intel (INTC)
which is now beginning to stage a potential false rally off the intraday low. $SOX.X
is down 6.25 to 528.64.
Instead of trying to find setups in the individual stocks in the sector, a
look at the chart of the Semiconductor Holders ETF (SMH)
could have set off a chain of actions that may have resulted in a profitable
trade.
Use the index charts to key in on setups in the exchange traded
funds that track them, and you will have discovered one of the few shortcuts
that exist in this game.