Hello Everyone,
Quick Notes: After a substantial four day rally in the market, the major indices paused today. Short term today may have simply formed a bull flag on the 15 minute charts (but support most hold). ES support is 4775 which was tested today. If lost, next support around 4745 area. Light volume on many names during the holiday week and many stocks have already had big moves from last week so remain prudent here.
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.
Please take a moment to look at the trade ideas.
