Trade 4 Cash is selling ALTI for a 7% gain, while Trade 4 Cash II will be selling PCR and EXAC. All three sells are on short-term RSI strength, so the systems will set the initial sell targets at Pivot Price R1. Pivot Prices are included with each buy and sell signal published. Trade 4 Cash II and Trade 4 Cash High-R also have new buy signals for this morning.
The markets staged another strong rally on Wednesday. The Dow gained 1.48%, while the NASDAQ added 1.78%. The Russell 2000, which has underperformed this year, also contributed in the festivities yesterday, gaining 1.81%.
The NASDAQ Bullish Percent Index turned back upward yesterday, after a brief 1 day pull-back. The BPI has had a couple of false-positives recently, so a new uptrend is not certain yet. But the MACD has also turned upward, giving us a bullish sign. If the markets can follow through today with another positive session, it will go a long way toward confirming the return to an overall bullish bias. So far, so good this morning, as futures are looking good. Have a good Thursday.
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