Lost Track of Time

Need to polish my automation for sector prediction selection. It's almost there, but not quite.

Yesterday I anticipated XLI, XLP, and XLC to have a positive performing day. From this, I selected XLC for today. Now, while my model didn't pick up any good sectors for today, my own analysis (brain) understood different patterns taking place – patterns that cannot be mathematically identified, at least not right now in my model.

Moving on, from yesterday's selection, I went on to select NFLX for today. It wasn't terrible, but I did see NFLX struggle along with XLC. There was a steady fluctuation in price between $73.30-$74 for NFLX.

Now, in the above chart, we see that horizontal wedge starting to close. Based on the chart and my analysis, I'd expect NFLX's price to increase alongside XLC. Now, I accidentally held on to my trade today post entry as I was busy with work and lost track of time. So, because of this, I will not be trading tomorrow. I will be exiting tomorrow over all.

If my chart reading was spot on, then NFLX can bounce up, even if only briefly. Looking forward to tomorrow's performance!