Here is another small trade done this morning.
Volumes continue to support the morning rally with 73% of all volume to the upside and 70% of all stocks climbing. There are however 144 new lows so we will see some dips during the day. The index though should be establishing some kind of bottom around 3125 to 3150 which might hold into Friday.
The rest of this trade alert and ideas article is for FullyInformed Members.
Morning Trade Alerts and Ideas for Feb 26 2020
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.