“an Apple a Day”…helps keep Da Bears at bay”

***Announcement***

Polaris Daily Trade Strategy Blog is going Premium beginning May 1st, 2014.

In an effort to provide PTG Clients the highest quality market analysis and daily trade strategy preparation “prior to pit session opening”, the Daily Trade Strategy (DTS) Blog which has been freely distributed will convert to Premium status beginning May 1st, 2014.

The Daily Trade Strategy (DTS) Premium Edition subscription pricing will be $29.95 monthly. If you are interested in continuing to receive the DTS prior to the pit opening, please send an early subscribe request to david@polaristradinggroup.com.

The DTS will be posted to website’s blog page at 4:15 pm for public review.

 

Strong quarterly earnings report by Apple Computer along with 7-for-1 stock split has propelled futures higher for an expected large gap open. This gap should be plenty to nab “buy stops” on all indexes…Da Bears are definitely growling this morning as there is not much they can do about it…”an Apple a Day…helps keep Da Bears at bay”!

In overnight trade price currently is above the 2-day high at 1878.75, so as long as price can hold the ONL (1877.00) and produce a solid Open Range sequence, then further upside can push to 1883 – 86 zone…with extremes measuring 1890.00 TargetMaster breakout target.

Failure to hold Open Range and/or ONL calls into question bulls strength with pullback levels at PDH 1875.75. The 2-day value zone HVN resides at 1868 – 70 levels for major support should price retreat that deep.

Stay Nimble…Follow the Rules  ALWAYS USE STOPS!

Good Trading…David

Habitude Two
I am detached from the results. I think in terms of the process and the validity of the process. I understand that I am more than the trading. I do not tie a fragile ego to any day’s trading results. I have faith that over time I will make money. The results of any one trade are statistically unimportant. I think in term of probability. A single trade says nothing about me as a person.


Leave a Reply