Homework and TradeSheet for Thursday July 27th

June 26, 2019

SP:   Buy day (do not buy afternoon weakness)

NQ: 7692 = close back above 5 SMA, 7582 = daily EMA

YM:  Buy Day (seasonal long window starts on Friday). do not buy afternoon weakness (daily sell div can still work to EMA)

US:  Cover shorts      PDL (154’01 = daily EMA)

EC:  3 bar triangle

JY – test lower to daily EMA

GC: Buy first close below 5 SMA or, buy test below PDL

S, C:  Buy Day

W: 3 bar triangle, close to new 20 day highs

LC:  Exit BO longs (ideally above PDH)

CL: sell div on 2-roc

 

8:30 A.M. EST USD Final GDP q/q & Unemployment Claims

10:00 A.M. EST USD Pending Home Sales

10:30 A.M. EST Natural Gas Storage