Market Comments:
Markets a looking to gap significantly higher. Could be driven by a weak dollar overnight. Additionally, it's the last day of the month which may contribute to a bullish bias today. All that said, the gap higher increases the risk on quick OR breakouts so I will be more likely to miss the early AM breakouts as I'd rather see how the market holds up at these levels. I don't have any shorts I want to jump on on a higher open either. So patience for the first hour is most likely the game plan.
One exception to all this is CREE - it looks like it may clear major daily consolidation so it may be worth a 5 min OR breakout quickly if the OR is not too wide.
~Long Focus~
FL
CREE
~Other Long Charts of Interest~
HLF
NFLX
CF
CRM
FRX
GLD
GMCR
KSU
SLV
TIF
VMW
COH
ANF
SINA
ROST
NTAP
RKT
MCP
WPI
HOT
LO
ALTR
MRX
UHS
~Short Focus~
FST
ARW
~Other Short Charts of Interest~
VAR
FST
CAM
FLR
LVS
WHR
GOOG
ARW
OII
