Editors Note:

The Russell posted a 7-point gain but that was not the key point. The Russell traded down to 1,495 intraday and punched through support at 1,500. The Russell was down 10 points intraday but rebounded to gain 7 points. That was an excellent performance after the monster loss on Friday. With the 1,500 level holding as support at the close, this was a somewhat bullish performance. However, the chart is still bearish until the index trades over 1,566.



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


GME - Gamestop
The short position was entered at the open.



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


BULLISH Play Updates

No Updates on Current Positions


BEARISH Play Updates

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