My final play of the day was a short play in CTSH as the market sold off just after lunch. CTSH was actually on my long list because price had triggered a daily buy yesterday. This morning CTSH opened as a shock gap, gaping below yesterday’s green bar and selling off hard. I waited patiently for a 15 minute sell setup which I took this afternoon with the market. This is what I had been waiting for and I took CTSH short and I was handsomely rewarded. Here is the chart for my final play of the day in CTSH….
CTSH