Market Comments: Keep in mind that it is Friday and options expiration. This could lead to choppy action. There are lots of inside days so watch for breakouts beyond the inside day ranges and the range of their outside day. The market watch are currently set up to break to the upside on the SPY and DIA but not on the Q’s and IWM.
Long Focus:
WFMI: The key level is 61. Pre-market indicates it will open right around this area. If it is above 61 it is explosive. Below 61 I'd be careful.
- Trade OR breakouts above 61.
Other Interesting Long charts:
BIDU,TDC, FCX, XLE, WFMI, CNX, COG, TPX, JAZZ, FSLR, ARUN, OIH, XLE, NFLX, DVA, NSC, CAT
Short Focus:
EQIX: Pre market is gapping below prior low
Trade OR Breakdowns below prior low, 83.81
Other short charts of interest:
RTN, TIF, MHS, EQIX, COH, V, PENN, MAN, RIMM, GS, MOS, FWLT
