Hello Everyone,
Quick Notes: All the major indices continued higher today with IWM leading today's advance with narrow range advances in SPX/QQQ. Another quick "V" bounce from last Thursday's lows with the SPX forming a divergent high. Most of the recent long setups have provided some upside including all the bounce ideas from this weekend. Trim and trail up stops in accordance with your style and plan.
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.
Steve
