Coiling
The market continues the coiling process of the last couple of weeks after the big breakdown in August. The DJIA was up 77 points today but the Hi-Lo indicator continues to read negative. I talk about my expectations in tonight’s video.
Stocks tonight are LULU, CAT, SCTY, TWTR and UAL. LULU got smashed today, down 16.4%. As a result our trade idea had a nice profit. Continue reading