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Signals & Trading Plan for Tuesday 10/15/19

10/14/2019

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Projections based on market internals
  • Stocks are in a Volatile Market.
  • The Bounce (within the Volatile Market) that started at end of day on 10/8 has effectively ended on Friday 10/11.  
  • Stocks are starting a Drop.  
  • This Drop may take us all the way down to Support4 before a new Bounce will start.
  • This Drop is unlikely to go below Support4.  Therefore, no new Down Trend yet.
  • We are likely to see another Bounce following this Drop.

The rest of this article covers:
Table of support and resistance levels
Planning your trades

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