Qs up and staying up after hitting R4. Up another .45 after the close. The lack of a 10/20 MA cross kept our 10:20 entry (44.85) open long for most of the day, although I closed out the position (early) at 12:30 (45.30) for a modest .45 gain. No regrets.
The NYAD never gave any reason for a fade as it rode the R2 into the close, while the TICK showed strength by staying above the PP baseline for the entire afternoon session and closed at a whooping 1095.
With more earnings on tap this week, anything can happen, and I continue to focus on daytrades to manage risk and limit exposure.
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