While Global Trading Dispatch focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.
IWM & MVV are both looking good.
IBB...gains upside momentum with a close over 295.
BIIB...Biogen is attempting an ORH day with a close over 325. This level will be an important resistance and closing upside pivot level the rest of the day.
AMZN...maintaining over the 305 momentum # , look for a test of 311.?
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For Glossary of terms and abbreviations click here.