Dear Fellow Trader,

Wednesday we started to see some green back into the market, specifically on the Nasdaq and as for the DOW JONES it retraced a little bit from it’s lows, so today we could perhaps expect some upside movement, but we will see this at the open.

We can see that the old resistance on the NASDAQ, at 1780 could now be the support…To get back into a positive up trend we would need for today’s high to be higher than wednesday’s high….we will see if this happen.

BPUR seems to lack what it takes to continue higher, but in my case as long as it doesn’t go under 0,25, i don’t mind waiting a bit.

TTNP continued it’s move and yesterday gave us another 20% gain, with an increase in volume also. Very good sign in this market.



MDOR my stop loss is 0,79, it’s a bit wide, but this stock need some room, so let’s see if can coninue what it started tuesday…

SPNG chart does need to stabilize let’s see if we can get one of these positive reversal sign.
Here is a 60 MIN chart to show you what’s happening now….This stabilisation on the 60 min , should bring a move soon.

Here is SPNG Daily Chart.

NOW i want to show you GS, that broke a very long uptrend line yesterday with volume…it basically was there waiting for the last few days and then the volume came in driving it down..I show it as GS is a leasder of the financial and it’s important to watch…

CAL support worked again as discussed tuesday morning.

Entered that one yesterday, very strong volume at the open and kep going. It could continues it’s up move but only for the one that can trade quickly in and out at this point and you need to know how to use 5-15 min charts to find right entry.

Have a Great Trading Day !