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So my trade today was a day trade under the SEC definition. However I really am looking for the 5-9 day bursts in general. And those are best if I can trade the 5-9 day moves around a core holding in a multi month move. But I don't like to give back my gains.
CELG seemed to be slowing significantly as it reached nearly to the earlier high. And the SPY and QQQ seem to be faster to the downside over the previous seven days. Meaning it has taken four days moving up to reclaim the two and three days down.
Additionally the NASDAQ appears to be wedging higher along the most recent, previous four days.