Wednesday I was focused on my overnight SPY call position, which I sold into the rally, plus a longer-term TLT put position which I’ve held since 12/6/17. These were discussed in intraday comments yesterday. I finally covered some more of that yesterday. For months my next target to cover was 116.50. It got to 116.51 on Wednesday. Also, look at that AKER chart again, yes absorption, and back into that .50 resistance.
So no daytrades yesterday, but I was watching ANTH, and that thing was textbook – textbook. The charts are below. Start with the longer-term, look at the big resistance areas, look at the momentum early, the reaccum and absorption, then the EAs ending the mo trades, then the “box” and the bounce trade. Beauty.