The Daily Prep Log

I cut and paste notes from my personal daily prep log:

Bullish consolidation after big move. These types of moves have been a precursor to sell offs in recent past. This indicates a classic bear with strong rallies.

Consolidating gains on low volume-bullish. However, until S&P 500 breakout over resistance-1400, no change in longer term bear trend.

There may be some rotation into tech. Study recent gold breakdown and USO. Also homies strength. T2108 close to overbought. Look for more setups like NFLX for longs and fallen momo stocks for shorts. Watch for pullback in strong sectors like railroads and shipping.


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