What now?

To say that stocks made a surprise push of strength today would be an understatement

All 3 major indexes closed strong
Dow up over 1%
S+P 500 +1.23%
QQQ, ready??? 1.43%

There’s lots of speculation right now as to who is in the lead and what that means for the markets, I’m staying out of that and following the Money Flows

SFM I give up!!! lol…. Just when it looked like it was getting ready to fall back down into the channel it shot up 3.26% on the day. One thing about channels is that if the stock continues and price and does not retrace, old resistance can become new support making a new channel above the old. Rare, but it does happen, and could be happening here.

2nd Option is instead of falling back down into the channel and creating a new box, it could be rising to form a new box. We won’t know until resistance is formed

The rest of our Model Portfolio today:
AMZN +1.85%
FIS -3.49%
HD +1.08%
GRMN +1.99%

If banks fall out of favor FIS will be gone quickly

We welcome this markets action today, hopefully we get more of it

The Options Coach

My apologies I am having a technical issue with the screen shots today so there wont be a Heat Map today

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