Longs: AMGN
Breakouts: GG> 56.00, KO>70.00, PM>68.00 (HBO), DOW < 25.50, BBY<23.00, JPM>33.50 (HBO & Gap fill)
Notes:
Very few setups today as the market is becoming impossible to predict under the gappy conditions, I might stand aside today while this market does what it wants to do. A retracement seems most likely to continue, however, anything is possible.
SPY failed to take out lower trendlien support with the QQQ being the strongest followed by the SPY and DIA.
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