The Range Has Been Set

The Range Has Been Set

It was a very volatile session yesterday.  The standout were the miners $GDX, which this morning are gapping up to a significant resistance level–2008 lows and a declining 200-day moving average.

For the short term speculator, the $SPY has given you a range to sell the rips and buy the dip, $187-$192.

CREE, CTRP, WTW, WING, GLBL, VG, CRM, TRIP, XBI, SXCP, DUST, are stocks of interest on the long side today.

Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463.


  

By |2018-02-02T12:08:30+00:00February 4, 2016 8:55 am|

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