| Weekly Trend: | __ | Up |
| Daily Trend: | Up | |
| Daily Momentum: | Up |
A day of consolidation but there are plenty of new setups developing. We’ll post three new ones today and more in the coming days. We also need to be on the lookout for earnings coming through. THC, and existing position, jumped over 10% last night based on earnings that we missed. Take care when taking positions too close to earnings releases. Seasonally January tends to be quite strong so we’ll take a look at that tonight in more depth, but also be aware that many seasonal tendancies of late have not played out as expected. Trend is up – no need to be looking at short trades at this juncture.
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