Subject: Daily Wrap - Tuesday 22 May 2019 -- The Market Made A Healthy Dish This Morning... Chopped Salad

TAOST Wrap
Tuesday 21 May 2019 
Quote of The Day
"Its impossible to hit a home run from 3rd base."
--The Trader
Select Index, ETF & Stock Performance
A Few Headlines From The Day
  • Shanghai +3% overnight
  • Stocks staged a comeback today... DJIA +200ish...
  • A temporary White House exemption Huawei
  • A bird narrative in 737 MAX crashes pushes Boeing [BA] higher...
  • Auto industry [F, GM, etc] cutting jobs at fastest rate since financial crisis
  • US oil slips on demand concerns, but global crude buoyed by North Africa tensions
  • URBN reports record earnings... announces subscription rental business
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TAOST Power Zones & POIs Today
15m Chart -- Price spent the vast majority of of the trading day inside TAOST High Power Zone... and before that in a 6 point range during the trading session...
120m Chart - It's hard to say if the move from yesterday's low is a drift or a reversal.
Daily Chart - an up move today, but still inside yesterday's range.
SPY 
Watch TAOST Magnet provide strong resistance...
TAOST Stalk Stock
PGR took off, pulled back and is now ready to go...
As always, make up your own mind and, more important, minimize your risk no matter what you do.​​​​​​​

KIS,
The Trader​​​​​​​​​​​​​​

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