Trading Watchlist:
1. SOUN
As we can see above, the price action has now reached a major support level on the daily timeframe; therefore, it is time for me to take the remaining profits out of the SOUN trade as soon as possible.
2. LLY
As shown above, LLY’s price action has turned bullish on the 4 hour timeframe with the lagging span breaking through the diagonal trendline. As a result get out of this trade as soon as possible to ensure that it does not unnecessarily cause you to suffer further losses by hitting your stop-loss level.
3. BIDU – analysed.
4. DG – analysed.
5. HOOD – analysed.
6. UVXY – analysed.
7. MRNA – analysed.
8. ISRG – analysed.
9. WOLF – analysed.
10. CMG – analysed.
11. PALL – analysed.
12. BIIB – analysed.
13. QQQ – analysed.
14. RL – (analysed) consider placing a short limit order (at your current stop loss level) as soon as the markets open:
15. WBA – analysed.
16. INTC – consider placing a limit long order for INTC (at the major support level) as soon as the markets re-open:
17. JETS – analysed.
18. WMT – analysed.
19. AAL – analysed.
20. UAL – analysed.
21. USOIL – analysed.
22. SFM – analysed.
23. AXP – analysed.
24. RUT – analysed.
25. SOXX – analysed.
26. SPY – analysed.
Next Actions
- Take full profits out of SOUN trade as soon as possible.
- Exit LLY short trade as soon as possible.
- Consider placing a short limit order (at your stop-loss level) for RL when the markets re-open.
- Consider placing a short limit order (at your stop-loss level) for INTC when the markets re-open.
