‘Expectations’

The expectation for TMO, was an immediate (decisive) continuation lower after its ‘test‘.

It didn’t happen. At least, not yet.

Instead, we have what appears to be coiling action.

There could still be a move to the downside.

However, earnings are coming up on Thursday (4/23) before the open.

It’s a little bit late to have an open short with no significant profit leading into that event (not advice, not a recommendation).

Trade TMO-26-01, exited at essentially break-even.

Stay Tuned

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The Danger Point®, trade mark: No. 6,505,279