Don’t panic…

Market Recap For Wednesday, June 11th 2014

Stocks retreated from all-time highs today on the lowest volume of the year at the NYSE. At the end of the day the S&P closed -7 points lower and the DOW had triple digit losses, down -102 points.

In spite of today’s losses, all major indices remain in positive territory for the year. The S&P leads the pack with a +5.2% return YTD.

A triple digit decline in the DOW is usually a concern, but after 5 consecutive up days in the DOW, a retracement on light volume is normal…it’s the high volume corrections that traders should worry about.

Markets To Watch

Markets To Watch

Twitter (TWTR) bucked the general trend today, ending the session up +.48%.

Power Crossover Method traders had a buy signal to consider early this week. If the trend continues the ADR Profit Target is at $38.74. 

This Week’s Economic Calendar

This Week’s Economic Calendar

Real Time Economic Calendar provided by

Power Crossover Signals

Power Crossover Signals

The signals above are derived based on the rules of our Power Crossover Method.

Rockwell Trading Club - DVD 27: Power Crossover Strategy

Click here if you would like to learn more about the Power Crossover Method.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown above. The past performance of any trading system or methodology is not necessarily indicative of future results. Have a great trading week!

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