A.M. Look 3/24/17

Today is a great day to get into trouble.

It’s going to be a political tweet driven shuffle.
I can forgo trading the news.

I’m only interested in where Nasd 100 closes today.

NASD 100..5396 is resistance. Closing below 5360 should lead to another 100 points of downside.

Oil..stops are below 47. I would need to see a close above 48.60 its 200DMA to think there is any upside. Treat as a range until the levels are breached.

As my friend TLP like to say “Don’t lose your back side on a Friday” for
it positively ruins your weekend.

This entry was posted in Archive and tagged , . Bookmark the permalink.