Stocks mk1

WYNN might have found a bottom at 195.5.

 

I'm tempted by SPY short 200.15, but not in my trading plan. Too short term.

 

Would have been stopped out if I had. Now at 200.25.

 

Careful w/ FB

It is in a 1 day (today) range - in the muddle of an up channel... and at the top of a greater down channel

And not yet showing weakness (don't confuse weakness with reloading)

jmo mind you
RN

 

Okay, I'll be careful with / not take that one. Thanks.

Weakness vs reloading.

The weekly, daily and hourly agree with your opinion. I'd be picking a top = not part of the plan. The trading day is so different to eod analysis, like Jekyll and Hyde.

 

Possible WYNN long tomorrow if it doesn't gap too far.

 

Running a scan / reviewing / building watchlists. Currently scanner is working on entire main market:

NYSE(3237) NASDAQ(2785) AMEX(1780)

Going to define a universe so it operates on a reduced set of ~4000 constituents. Can easily eliminate certain industries, low volume, low price, etc.

According to database 113 constituents added to main market today.

 

SPY/QQQ down a 1/4 pre-market. Might have found support, so could be up from here.

 

WYNN down with the market, broken the low of 8/7.

 

If WYNN stays above 193 will still consider it.