The problem for non-day traders is whether markets can recover not just today's loss - but also the heavy losses of the past week. For the FTSE 250 ETF (MIDD) there are a number of natural resistance levels overhead and the 50-day MA is the most likely stumbling block for any advance, currently positioned close to psychological resistance of 1,000.
Not surprisingly, subscribers to our US stock trading strategies will have received a swathe of stop trigger emails yesterday. Early morning trading has seen similar intensity in Aussie, Indian and UK position exits. Yesterday's summary signal summary was one of the busiest yet. Over 80% of the trades were stop or trailing stop exits, but there were some long entry signals and of course short entry signals.
ASX Oak
Short Unacted Entry for WAN (Sydney) at AU$7.77 (EoD): Entry signal given, but exited position on same stock too recently (6) days ago.
ASX Price x 20-day MA
Long Exit at Trailing Stop for WAN (Sydney) at AU$7.66
Long Exit at Trailing Stop for WOR (Sydney) at AU$25.32
BSE Zignals 1 mil Rupee
Long Confirmation Entry for GAIL (Mumbai) at INR420.3
Commodities Oak
Short Entry for Brent (Commodities) at $85.27
Short Unacted Entry for SlvUSD (Commodities) at $17.91 (EoD): Entry signal given, but exited position on same stock too recently (2) days ago.
Developing a Strategy
Long Exit at Stop for BA (NYSE) at $65.63
Long Exit at Trailing Stop for CSCO (Nasdaq) at $24.65
Long Exit at Trailing Stop for JPM (NYSE) at $41.36
ETF Elm
New Long Target and Stop for TWM (NYSE) at $19.83 (EoD): Target $24.87, Stop $20.35
Long Exit at Trailing Stop for UWM (NYSE) at $33.97
Long Exit at Stop for DDM (NYSE) at $42.72
ETF Kauto Star
Long Exit at Stop for DDM (NYSE) at $44.39
Long Exit at Stop for SSO (NYSE) at $40.61
ETFs Oak
New Short Target and Stop for DDM (NYSE) at $40.54 (EoD): Target $33.46, Stop $40.90
New Short Target and Stop for QLD (NYSE) at $58.13 (EoD): Target $44.05, Stop $53.84
New Short Target and Stop for SSO (NYSE) at $36.81 (EoD): Target $30.29, Stop $37.02
New Short Target and Stop for UWM (NYSE) at $30.44 (EoD): Target $25.74, Stop $31.46
Short Exit at Trailing Stop for TWM (NYSE) at $20.66
Forex Bull Trender
Long Confirmation Entry for AUDUSD (FX) at 0.9080
Frankfurt High Winners
Long Unacted Entry for GWK3 (Frankfurt) at €28.56 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.
Frankfurt High Winners Long Exit at Trailing Stop for LXS (Frankfurt) at €34.00.
India Oak
New Short Target and Stop for ABAN (Mumbai) at INR1055.9 (EoD): Target INR949.5, Stop INR1160.5
Short Entry for ZEE (Mumbai) at INR285.2
Short Entry for UNBK (Mumbai) at INR305.6
Short Entry for CAIRN (Mumbai) at INR299.6
Short Unacted Entry for NEST (Mumbai) at INR2741.4 (EoD): Entry signal given, but exited position on same stock too recently (6) days ago.
Short Exit at Trailing Stop for GACM (Mumbai) at INR116.7
Indian Golden Brown
New Long Target and Stop for BOB (Mumbai) at INR718.3 (EoD): Target INR793.0, Stop INR648.8
Indian High Winners
Long Confirmation Entry for KOTAK (Mumbai) at INR748.5
Long Confirmation Entry for ONGC (Mumbai) at INR1032.1
Long Exit at Trailing Stop for TELCO (Mumbai) at INR809.7
Indian Strength
New Long Target and Stop for ASOK (Mumbai) at INR65.12 (EoD): Target INR71.44, Stop INR60.86
Long Confirmation Entry for NTML (Mumbai) at INR292.1
Long Unacted Entry for HDIL (Mumbai) at INR250.5 (EoD): Entry signal given, but exited position on same stock too recently (10) days ago.
Long Unacted Entry for GRSM (Mumbai) at INR2595.2 (EoD): Entry signal given, but exited position on same stock too recently (13) days ago.
Long Exit at Stop for WRWDT (Mumbai) at INR1403.0
Irish Oak
Short Entry for EG7 (ISEQ) at €7.38
Short Entry for CRG (ISEQ) at €19.12
Short Entry for PLS (ISEQ) at €25.78
MA Crossover
Long Exit at Trailing Stop for JPM (NYSE) at $41.08
Long Exit at Trailing Stop for KO (NYSE) at $51.59
Long Exit at Trailing Stop for MSFT (Nasdaq) at $28.69
Long Exit at Trailing Stop for DIS (NYSE) at $33.86
Long Exit at Stop for IBM (NYSE) at $117.2
Long Exit at Trailing Stop for HPQ (NYSE) at $49.39
Long Exit at Stop for T (NYSE) at $24.32
Long Exit at Trailing Stop for CSCO (Nasdaq) at $24.20
Long Exit at Trailing Stop for AAPL (Nasdaq) at $244.9
Long Exit at Trailing Stop for CAT (NYSE) at $65.85
Mumbai Elm
Long Exit at Stop for WRWDT (Mumbai) at INR1424.6
My First Subscribed Strategy
Long Exit at Trailing Stop for AAPL (Nasdaq) at $230.9
Long Exit at Trailing Stop for CAT (NYSE) at $61.78
Long Exit at Trailing Stop for INTC (Nasdaq) at $20.10
Long Exit at Trailing Stop for IP (NYSE) at $23.88
Relative Canada
Long Exit at Trailing Stop for CHE.UN (Toronto) at $11.93
Relative ETFs
New Long Target and Stop for DXD (NYSE) at $30.42 (EoD): Target $33.77, Stop $27.63
New Long Target and Stop for SDS (NYSE) at $33.42 (EoD): Target $40.15, Stop $32.85
Relative Forex
Long Exit at Stop for EURUSD (FX) at 1.2820
Relative India
Long Entry for HDIL (Mumbai) at INR250.5
Relative UK
Long Entry for LCG (London) at 107p
Short Trender
New Short Target and Stop for IP (NYSE) at $21.09 (EoD): Target $23.15, Stop $27.17
New Short Target and Stop for INTC (Nasdaq) at $21.82 (EoD): Target $16.92, Stop $21.49
New Short Target and Stop for CSCO (Nasdaq) at $25.04 (EoD): Target $19.75, Stop $25.09
New Short Target and Stop for MSFT (Nasdaq) at $28.33 (EoD): Target $23.72, Stop $30.14
Short Entry for CAT (NYSE) at $65.98 (EoD)
New Short Target and Stop for CAT (NYSE) at $62.68 (EoD): Target $49.30, Stop $62.64
Short Entry for DIS (NYSE) at $35.23
New Short Target and Stop for DIS (NYSE) at $33.47 (EoD): Target $26.35, Stop $33.48
New Short Target and Stop for WMT (NYSE) at $52.40 (EoD): Target $43.80, Stop $55.65
New Short Target and Stop for HPQ (NYSE) at $42.54 (EoD): Target $46.68, Stop $54.80
New Short Target and Stop for C (NYSE) at $4.33 (EoD): Target $3.32, Stop $4.21
Tri-indicator Canada
Long Exit at Stop for CHE.UN (Toronto) at $11.25
Tri-Indicator ETFs
New Long Target and Stop for TWM (NYSE) at $20.03 (EoD): Target $24.87, Stop $20.35
Long Exit at Stop for QID (NYSE) at $13.85
Tri-Indicator UK
New Long Target and Stop for TEP (London) at 338p (EoD): Target 374p, Stop 306p
Tri-Indicator US Dividends
Long Exit at Trailing Stop for CNP (NYSE) at $12.70
Long Exit at Stop for EXC (NYSE) at $42.08
Long Exit at Stop for NGG (NYSE) at $44.33
Long Exit at Trailing Stop for SCG (NYSE) at $35.40
Long Exit at Stop for VZ (NYSE) at $27.64 (EoD) on 06 May 10
UK Golden Brown
Long Exit at Trailing Stop for FDSA (London) at 1267p
UK High Winners
New Long Target and Stop for TEP (London) at 334p (EoD): Target 374p, Stop 323p
Long Confirmation Entry for LIO (London) at 101p
Long Exit at Trailing Stop for POLR (London) at 96p
US Elm
Long Exit at Trailing Stop for AAPL (Nasdaq) at $239.6
Long Exit at Trailing Stop for CAT (NYSE) at $61.72
Long Exit at Stop for CSCO (Nasdaq) at $23.84
Long Exit at Stop for HPQ (NYSE) at $48.85
Long Exit at Stop for INTC (Nasdaq) at $21.66
US High Winners
Long Exit at Stop for HPQ (NYSE) at $44.05
Long Exit at Trailing Stop for INTC (Nasdaq) at $21.23
Long Exit at Stop for JPM (NYSE) at $41.19
US Oak
New Short Target and Stop for HPQ (NYSE) at $44.81 (EoD): Target $37.75, Stop $46.13
New Short Target and Stop for IP (NYSE) at $22.95 (EoD): Target $18.45, Stop $22.55
Short Entry for CAT (NYSE) at $65.98
Short Entry for DIS (NYSE) at $35.23
US Strength
Long Exit at Trailing Stop for BA (NYSE) at $68.43
Long Exit at Stop for C (NYSE) at $4.17
Long Exit at Trailing Stop for CSCO (Nasdaq) at $24.20
Long Exit at Trailing Stop for HPQ (NYSE) at $49.39
Long Exit at Stop for INTC (Nasdaq) at $21.46
Long Exit at Stop for JPM (NYSE) at $39.41
Long Exit at Trailing Stop for SBUX (Nasdaq) at $25.20
Long Exit at Trailing Stop for WMT (NYSE) at $51.66
US Uber Win
Long Exit at Stop for BA (NYSE) at $64.21
Long Exit at Trailing Stop for CSCO (Nasdaq) at $25.36
Long Exit at Trailing Stop for INTC (Nasdaq) at $21.19
Long Exit at Stop for JPM (NYSE) at $40.71
Long Exit at Stop for T (NYSE) at $24.26
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