Quick Notes: Today was very similar to yesterday with the small caps leading (IWM gained 1 percent) and the other indices chopping in a narrow range (closed nearly flat today). Today many traders (including several members) were fixated on some of the meme stocks along with a few other names such as (WISH ASTS AHT WPG) which were all taking big volume. Additionally, we had a few recent names trigger from our watchlist which I will review tonight.
Note: Several previous ideas on watchlist remain valid but simply have not yet triggered so continue to examine each night.
Please take a moment to look at the trade ideas.
Have a great night,
6/3: SPX Daily DVT = 4085 day candlestick chart 4065