Market notes: SPY has been holding the 10dMA since the gap up on 12/1. While things look overbought, I need to keep an open mind for the increased volatility coming into the marketplace. Contain my risk every play and be aggressive where risk is limited and the upside seems more likely.
- Support levels to buy - 126.35 (pre-market, rising 5dMA), 125.50
Watchlist
- FDO*
- YOKU
- MOS
- MON*
- X, AKS
- BYD
- CTRP
Notes: I need to organize my Pre-Market Prep more. New year, better habits. I'll have that done and journaled today so I don't forget.
Wednesday, January 5, 2011
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