March 2nd Week

GOALS

-open trades not strict enough. Needs market, price action, volume, level trigger, not more than 20% ATR move 

-cut momo if no momo

-Market must be helping trades or at least trade must show rel strength or weakness

MONDAY

Crazy gap lower, and total rip. Most my names already triggered. Clear trend upwards to start the day, will have to wait a while for some short to appear

A day where we rip hard at open, then lose it all and then some straight line lower no chance to get in, no stops at vwap. Stuck waiting. 

TUESDAY

No gap surprisingly. Pmkt pretty choppt, edge to downside. All shorts still, market looking bad. 

No stocks on watchlist with big pmkt action but right around trigger levels. Must be ready today

TXN great setup, in adn added. 

Great drop, but MONSTER rip against me i mean huge. Last partial I could not get out with profit just an unreal rip. Maybe news or something. Overall left small gain

TXN reset along with market losing it. In and added again. Good start but no follow up right away. Market slowly losing it. 

Decent move lower but very slow on low vol, cut as it turned up. Much weaker down move, holding OG still but doesnt look great. 

Did reset and we all dropped more. Holding OG to new LOD market still dropping past lod

Market kept dropping, TXN did nto showing rel strength, cut as it ripped with vol

WEDNESDAY

Big gap up. I like it. Hourly getting above 3 MAs looking like were due for a good rebound. Need to be patient at open though, nothing ready to trade asap.

OSTK held well all morning. 30 min in spy chopped dipped lower and ripped, OSKT held great clear entry in. 

Kept ticking up added more but not fast at all here, RVOL .4, market new HOD, starting to skip a bit here, . In it to win it now just waiting. 

Seeing sell on tape but not getting any lower 

And then it did, lost it fast cut momo

Then lost og and couldnt reclaim out all.

Risk also larger than I thought, so larger loss than i tohught

Removing from list. Rvol never high, spread to much not scalpable

THURSDAY

Market sentiment turning up, we are still well below all kinds of R but we have a great bounce with internals.

CVS 154 min in, good vwap reject and market failed break higher. Started rolling over lower in and added momo.

Pushed into near lod pretty slow but good and steady. Sector at rollover point could get something good here if it follows through lower

and it is, new LOD. 

Option didnt bidger and new LOD bought up and index also ripped higher, sector same. Super low volume move here. Cut all small loss.

FRIDAY

Market decent bounce, nothing special. Worst case were building for another drop again, still under all R. Cant expect much other than a flush to come, but rip can also be here on failed moves lower. 

Big spike up pmkt cant find any news, but slowly retraced all of it.

No trades