Buy in high zone

INDU opened with power up, but did not have any long entry as IF is way OB. Market Breadth lost bullishness later.

After 6.15pm, Market Internals MI turned bullish with Green dot buy signal. Hence it was a valid Long entry, netting a cool +150 pts.

$INDU Range: stocks Long & Short

* NYSE market internals were bearish most of the day, $INDU was RANGE bound reaching HIGH ZONE with bearish sentiment, reaching LOW ZONE without penetrating below it.

* A very good day to trade with LSS Range Strategy and Strong/Weak stocks day trades

* Key point: To grasp market turns at 4.00pm and 5.30pm

SHORT Trades

* $INDU nearly touched SELL number at 4.00pm and O/B

* SELL SHORT weak stocks such as SNDK, EXPE, WFMI (based on Relative Strength against $INDU Daily) or XRX, GS (based on its own cycle analysis).

LONG Trades

* $INDU couldn't go below BUY number and oversold at 5.30pm

Long: strong stocks such as BRCM, MRK, CELG, GENZ (relative strength vs$INDU)
They went up, at least to VWAP level/ MPD High area.