Morning folks. Futures looking pretty flat. OIL is currently up .55% but its been up and down. GOLD also up .5%. keep an eye on these sectors event hough market was flat yesterday there was a ton of breakouts in both of these sectors. Small cap oil was in particular heating up the last 2 …
Market closed right at resistance. you can see with the spx that its hitting 3 levels of resistance. 1 price resistance at 1300. then 50 day moving average covering with the 20 day moving average. It tap tap tapped taht level all day today but usually such levels rarely break above on the first try. …
Click charts to enlarge EXR CIM – SMA100 fade concerns me, but swill on watch. CMO on watch – higher highs on some good volume on Friday DENN trading in channel. Watching for move DLLR – watching ascending triangle on SMA50 support. THRX descending triangle on watch MWA nice triangle TTI – Testing Fib …
This week’s StockTwits50 is similar in a lot of ways to the IBD50. However, there are a few not on the IBD that grab my attention. Here are a handful of stocks from Monday’s ST50 (3/21) that I’ll have an eye on based on Friday’s action and overall technical strength. DEPO – above 9.33. Volume …