On this video I discuss 2 major signals that have me calling for for more downside. With that out on the table the signal I am looking for is the failure of this 60 min short time frame oversold signal. I haven't seen a set up like this in what seems like months. The question is asked is this more a pure technical move or a move based on some geo-political events happening around the world..Specifically in Israel. I also have a great scalp set up for this week and some great shorts lined up. Overall a great week at DTR and looking to continue...
As I sit here uploading the video I want to mention my favorites here and a tighter list of what was mentioned in Video.
PSX: Great set up looking for entry zone to trigger.
DISCA Starting to like the set up again based on the 60 min oversold level
BIDU Looking to take profits tomorrow
DNKN perfect flag if we hold this lower channel line things will look great and would add
BUD Great Short near a Best Bet
AET Lane Divergence Short Looking to get back in
AAP Great Short looking at starting a position
Great trading in the rooms today, Seeing a lot of profits and I love that when we have 100+ point down days. The key was patience today letting V come down in sync with a S&P market channel line.
AAPL if the markets give you a gap up into your target area I is a great thing to wake up to. That was the bear trade and I was happy it worked out fast.
FSLR I think I forgot to mention it on the video, but the add today was perfect. I still see some weakness hanging around tomorrow on this but still like this area
