2014年10月20日星期一

10/20/2014 Daily Trading Routine

[General Market]
After forming complex top. The selling start from early September and primary breath confirm bearish in middle September. As QE3 ended and we saw back to back 300+ selling, it has very high probability to be a serious correction.
    For short term, there is a bounce after selling. Today the bounce continue on 5th day with lower and lower breath. Will it set another leg of selling while more and more people think they V shape recovery is back. Let us see.

[Anticipation List]
EXAS IBP

[Good Swing Setup in past 5 days]
Go though the list in TC2000: c/c4>1.08 and v>30000
Or go through the list in finviz: Weekly 10%+ move with voloume>50K
It is dominate by over-sold bounce kind of setups
(1) OESX
(2) STRA


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