Weekend Market Notes

During the final hours of market action today we got a huge short covering rally as many traders did not want to be short going in to the weekend. It was widely reported that the G-7 would meet this weekend to address the problems in Greece which in the short term could cause a rally. That being said I still follow my system and trade base on the signals. To that end my open position stops (charts below) for the close on Monday are:

AMZN: $123.57

SDS: $36.16