Market Analysis for Trading on 1/17/19

Mish Schneider | January 16, 2019

Note stop changes below *** Longs- We will leave well enough alone for now-until more commodities potentially setup. Shorts-nothing yet-if you took the short KLAC trade, please let me know Existing Positions: Short***Semiconductors-SMH broke S1 end of day. So, if not long SOXS (ATR: 1.21) at around 11.63, keep on radar. If SMH opens lower (under pivots or S1 and confirms a breakdown with a 5- or 30-minute opening range, then can look to short

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