Staying In – NASDAQ Futures Showing Strength

I am getting this note out as timely as possible.  I have decided, based on the pattern, to stay in this trade.  The futures bottomed out overnight and are roaring back.  So I think this will be a recovery/inside day.

So in the spirit of transparency, I am staying in.  Everyone is free to do what they want, but this is what I am doing.

If I am wrong I will give back a little more, if I am right the upside is open ended, so the risk reward is good.  New stop in place on the DPR.

My best,

John