General Comments or Valuable Insight
We had a pretty big sell off from key resistance levels yesterday.
QQQ,NASD 100 Pit and XLU put in ORL days.
In order for yesterday to be a one day swoon IBB & XLU would need to hold early and rally all day.
XLK...39.35 is the 200 DMA.
Trade your time frames. It will be easier for new direction to develop after month end than for direction to change before Friday’s close.
FYI…I will be out of office traveling for business tomorrow. There will be no research tomorrow or Friday.
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Current Positions…. Entry Stop TGT
LONG ZIOP
LONG 116 1/30 AAPL Call 1.36