2/12
SA: Bullish Cautious. Medium 350+ Buying. T2108 turns Bullish. Primary Indicator is Neutral. 20% Weekly also turns Bullish. Market is extended but SPY closed above 500 for the first time. Avoid extended stocks and focus on A quality 9M+, 9M delay reaction, 20%+|$20+WK in the bucket/sugar babies/eg100/stories watchlist and only initiate positions with RE. Reduce size to 1/4 and look for low risk entry less than 2.5% LOD stop and aim to peel 80% off then trail 2%/$2/1R.
Viz: ACE, ABC, CRT, SAV, FFM, T3A, TTT/TT, PLASTICS, OLC, SS, FHP, 2LYNCH, MAGNA53, NTRT/MTRT, COUGAR, SUGAR BABIES, IPO10, SIZE, BUCKETS, EG100, 80/20, FEE, BILL10
Watchlist: TBD