2014年11月20日星期四

11/20/2014 Daily Trading Routine

[General Market]
We have been in the range market since early this year. Each time it has a correction, it is V shape bounce back and make marginal new high. We have just another V. Keep in mind, QE has ended and this rally has been over-extended.
    After bounce, market goes to side-way move for 2 weeks. It can break to either direction. Today, market bounce back after 1 day primary touch red. We may rally into holiday. Setup lack of follow through is the big issue now.

[Anticipation List]
CTRL AHP SCSC MELI DST FICO MTX MDP PLT LHO AN SANM JKHY AER ROP PKG PAY COL MWV RKT AMP KMX FISV SEE SON PAYX PCAR WFM ADP V FLEX MMC BMY

[Good Setups in past 5 days]
PSEM IPXL
PSEM is very good setup, A grade

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