AI
Tuesday, April 29, 2003 3:30:29 PM
Consolidation and SMA support
The bounce off of the SMA support looks to be taking us higher here, for now. I will most likely wait until tomorrow to look at the Puts again. A HOD at EOD and resistance might make for another good Put entry but this move could easily set up a gap up in the AM, maybe. Looks as though reading the Plan as Bullish above the 100/320SMA was the way today. Will have to watch and see about tomorrow again.
The bounce off of the SMA support looks to be taking us higher here, for now. I will most likely wait until tomorrow to look at the Puts again. A HOD at EOD and resistance might make for another good Put entry but this move could easily set up a gap up in the AM, maybe. Looks as though reading the Plan as Bullish above the 100/320SMA was the way today. Will have to watch and see about tomorrow again.
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
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