Daily Market Analysis Blueprint 1/08/14

Posted on January 8, 2014 by Day Trading Tools

GM everyone, we had a great webinar yesterday WATCH IT AND RE WATCH IT AVAILABLE FOR MEMBERS ONLY. WATCH ADP today and Friday unemployment we are ping pong in between keys support 1806 then KEY TODAY 1827 then 1842.5-1850 resistance.

Be very careful because we are in the middle of the range and we have really no edge this year I WANT MAX PROFIT MIN LOSS BY TRADING LESS AND PICKING UP MY ENTRY more selectively than just daytrading on most of my cash therefore here for ME NO trading or SMALL SIZES at a shift of momemtum around the 1827 this morning ES. Otherwise wait the top or bottom of the ranges.

I would take OTM spreads on the spy monthly and watch AAPL is key now around 528-533 it must hold this area ALSO AAPL has a big resistance at 548. Keep an EYE ON BAC Pull back for reentry a 16.33 area if possible I have been long since 15.62 see prev posts of last week on the call MARCH 16 2014. ALSO watch TSLA for a bullish spread if can hold 145 support be as far OTM as possible on this one.

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