Pre-market, markets world wide have sold off along with the EUR/USD and other currencies on news of a major earthquake in japan. The SPY sold off yesterday and closed right above its key level of 129.70 after a choppy day yesterday. If the market gaps down today I will be looking for it to hold below support to find any continuation before initiating positions. The opening range will be crucial to assess market direction today.
Longs:
KSS: as long as it stays above 54.80
WLP
Breakouts:
JCP>37.50
CVS>34.20
JCP>37.50
HAL<43.50
ORCL<31.50
COF<47.80
UNH(ID)
Shorts:
BK
VLO
CIEN
HIG
QCOM
Longs:
KSS: as long as it stays above 54.80
WLP
Breakouts:
JCP>37.50
CVS>34.20
JCP>37.50
HAL<43.50
ORCL<31.50
COF<47.80
UNH(ID)
Shorts:
BK
VLO
CIEN
HIG
QCOM
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