Hi Pete,

Given the SPY well bid today with a considerable large upper shadow, could we expect new sideways market trading in a new range level?

Good morning Pete.

MARKET BIAS: Bearish Momentum. Early signs of reversal to up-trend.

I tried to find stocks with high relative strength before the market sell-off.

Planning to trade:

Long #MPLX.

Energy strong segment | Oil & Gas Midstream Positive.

Relative Strength to sector and market | Trading above 50-SMA during market selloff.

Valid…

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Lynn, Joe,

Could you give me your ideas about commodity-related stocks.

I traded #AEM on March 6 based on a wide bullish candle mechanical setup the previous day.

ENTRY $99.48 Original SL at $95.98.

On March 7, The stock started trading up fairly well but retraced keeping the trade with small gain at the end of the day.

On March 10 (Monday) I saw…

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Good morning Pete,

Market decelerating a bit the downtrend.

I´ll go LONG #AU

Basic Materials: Strong Sector | Industry group not too hot though.

Downsize: High volatility on current news,

However, strong Mechanical Trade valid setup and good entry.

Reasonably good order Flow. I’ll go 40% on my first entry.

ENTRY 32.09 SL 31.43 | Risk 0.66 for…

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Good morning Pete,

Not planning to trade today until better market outlook unfolds and clear setups develop.

I have three open positions: #GILD, #AEM, #WPM.

I do not expect any of these to rally forcefully.

I will look for #GILD to follow through in the following days up to major resistance at $123.37 which is 98% of my IPT $124.95.

If strong…

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Good morning Pete,

Planning to trade Long #GILD.

Market touched Open Price of election day. Trading higher in Pre-market today.

Stock specific trade showing inD with low volume.

Sector and Group industry not great.

Very good order flow and trend. M/W/D in sinch. Moving average in Harmony

Downsize: Strong resistance 10 years ago.

Upside: Product…

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Hy Lynn, I traded #GE on March 3 on a mechanical setup. And, it was stopped out inmediately that same day. Was ther something I didn’t see in the trade plane that I should notice? Apprciate your comments.

Good morning Pete,

Planning to trade Mechanical #BSX.

Market re-bounced with high volume. SPY and QQQ still below 50SMA.

Stock specific trade with strong Mechanical valid setup supported by very good order flow and trend.

Downsize is that sector and Industry group not great, but given the setup, I’ll trade 50% First entry and complete if Second…

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I considered to trade also #CBRE. But the inD is only one day, not sure if the last four days apply to a pause.

Good morning Pete,

I’m planning to trade Mechanical #GE.

Market bounced back with energy inside its 3-month range sideway movement. DIA more towards the center of its range.

Mechanical Trade valid setup |Cross-up 20SMA| Good order flow and weekly trend.

Industrial sector positive |Aerospace & Defense strong |Stock Relative Strength to XLI…

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