as the market is basically in a holding pattern in front of the fed tomorrow, i’ll start to post some of those longs setups that i mentioned yesterday. this first one is CWTR, which in hindsight i should have posted yesterday as it was just below the downtrend line that i was tracking and ready to pop…and pop it did today, up nearly 13%. however, there is still plenty of meat on the bone but keep in mind that we are almost certain to see some volatility this week as the market absorbs the fed statement as well as the unveiling of the new iPhone. as CWTR has already broken out today, it will be posted as both an active trade as well as a setup.
