Good evening StockBandits!
The lower-high scenario gained credibility today as early positive price action turned ugly this morning. Futures had been positive, only to soften as the opening bell approached. The small gap up was quickly filled and stocks hit the dirt hard. This keeps the range intact for now and reminds us that lasting moves are difficult to come by when caught in a range.
As mentioned last night, an appointment this afternoon has delayed my start so in order to give you more time this evening to prepare, I’ll get right to the stocks tonight.
Trade Like A Bandit!
Jeff
