Editors Note:

The Russell posted a 4-point gain and it was the third consecutive daily gain. That is encouraging but far from bullish. The index has decent resistance at 1,508 and support at 1,465. Until the index moves over resistance at 1,508 investors are going to be expecting a roll over with a lower high. Markets typically rebound slowly after corrections with multiple day to day peaks before they either catch fire and begin to accelerate or roll over to retest the lows.




Current Portfolio


Stop Loss Updates

Check the graphic below for any new stop losses in bright yellow. We need to always be prepared for an unexpected decline.


Profit Targets

Check the graphic below for any profit stops in green. We need to always be prepared for a profit exit at resistance.





Current Position Changes


No Changes



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Full updates on all plays on Wednesday and Saturday. Only closed plays are updated on other days.


BULLISH Play Updates

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BEARISH Play Updates

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