Both large- and mid-cap major exchange symbols failed confirmation and the small-cap chart was insufficiently bullish at first glance.
The four potential high-volume bear plays had charts that, at first glance, were insufficiently bearish.
I won't be placing any trades out of Wednesday's potentials. Position closures and trades from the Watchlist and Roll List are possible.
My trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.