Situation: Earnings season is still on. Not a lot big names for next week, but we will have CPI this week. We need the buyers to keep buying this week, because that reconfirms the 2-1-2 reversal up on the month.
Mission: Create winning positions, add to them, and defend them with tight stops.
Execution: When there is a gap up, look for the reversal back down. When there is a gap down, look for a reversal back up. Listen, and talk to Rob. When I’m doubt don’t take the trade.
Remember Rob is doing two coaching seasons a week this month. Ask him all the questions you have.
Earnings for Thursday, no fireworks but you do have Cardinal Health, and Six Flags.