The Daily Long and Short Setup
Bulls managed to bounce nicely today, and wipe out the losses that we saw the day prior. Very good sign that yesterday, was simply a breather for the market. We also broke out of the downward channel as seen on the 5 minute chart of the S&P as well. I also jumped in NTRI at the close today at 21.49. We'll see how it goes!
LONG: NutriSystem (NTRI)
SHORT: Nippon Telephone & Telegraph (NTT)