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Wednesday, April 7

DOW should continue its rally. 11000 in sight. $DJIA

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The daily candle closed within the upper bollinger band, signaling that traders are still keen to pump the DOW upwards.

Materials plunged today. United States Steel $X plunged down. I am out of $X at $69. I will now be looking for a short position on X.

I am still long Alcoa Inc, I traded it, selling some at $15 and rebuying it at $14.70. The previous resistance.

I am looking to short HOT, WYNN, CLF. However, I would let the market rally first.

I re-entered AES corporation at $11.65 and $11.41 long.

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