Good morning
The markets are gapping down in premarket and my concerns about the bear flag formations that I talked about in yesterdays video could materialize into a bit of a challenge for the bulls. The inability to get the health care bill through is having some ramifications as it appears that Trump and his administration are unable to get things done. If it turns out that we are unable to get things done then the market which has priced in a lot of good things already could be in for a rough time ahead.
Look for quick hit opportunities and do not chase... Gold is gapping keep any eye on JNUG NUGT DUST JDST TVIX UVXY LABD TZA
- CTMX upgrade price target 24 could fill the gap on the daily and then bounce potential day trade
- EXAS already filled the gap and sitting on 50 SMA could be a day trade opp off upgrade and 30 PT
- AUPH pr gap and pull needs to hold 7.50 potential day trade
- HTGM gapper could pull and bounce do not chase .. Play size appropriate
- APOP gapper pre market off news do not chase look for intrday setup super tiny float
- ZYNE flirting with a 20 roll potential sympathy plays INSY CARA GWPH
- WFT gapping premarket could get some follow through
- ZIOP gapping off pr look for 6 to hold as support for potential bounce play day trade
- PRTK gapper of PR price target from BTIG of 47 do not chase small floater potential day trade opp
CASH IS A VIABLE POSITION> Be careful out there
March27 2017 Pro member premarket prep from Alpha Wolf Trading on Vimeo.
