Alanger17

4/11 Watchlist + Notes

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Tight on time today so this list will be very minimal. I will update stats and add extra notes for wednesday's list

SPY - Opened lower than I had hoped for. Bulls defended well and we ended up closing green on the day with a strong 2U candle created. Going into tomorrow I have to believe that we will head higher. With wednesday being FOMC, I would imagine we see some consolidation before the news. I think we see some range before the consolidation. Upside goal set at 411 and tentatively 412

Watchlist: Check photo of charts for all (potential) inside days.

Main Watch:
BABA - 2-1 daily and 2-1 weekly. Watch for a weekly breakout. Daily breakout can be entry for a swing. Somewhat bullish bias.

Main watch from yesterday:
SQ broke down out of the 3-1-1 weekly. Still looking to the upside. Hoping to make a 50% retrace of last week. If we can hit 67.78 tomorrow or wednesday then I will look to go long again to see if we can take out last weeks high.

Apologies for the short list today. I will be all good to post full lists for the rest of the week. Good Luck tomorrow
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