April 24th, 2017 Watch-list
Evening traders! Small red day for the market Friday as the DJIA closed down 30.95 points. Still remaining neutral with the market for now due to the fact we aren't seeing strong conviction one way or the other. We'll look to make quick plays here and there, and once the market either settles down more or moves up and breaks some key resistance we'll look to add a larger amount of trades on watch. DJIA daily chart below with key support and resistance labeled.
Current Stocks/ETF's on Watch:
CZZ: We're seeing this one settle further into our buy range (which is good). Still need to watch for the price to settle and for the 3/4 daily buy signal to be given. Indicators are getting right down to where we need them. Keep on watch. Chart below for review.