Big sell off in the market today on heavy volume. This choppy action looks like it could signal a larger move down in the market. We’ll have to see, but the action is very bearish. However, notice that the S&P 500 is now sitting at support and near the 50-Day SMA. This could offer a […]
More distribution in the market today as stocks sold off. It looks like we could be range bound for a while here. Indicators in the S&P 500 are pointing lower while it is moving sideways.
I had 2 triggers today, but nothing major. VLO triggered as well as ZMH, which triggered near the open and then […]
I’m getting a late start, so this post will be quick. It was a great day for breakouts, and I had several triggers, with many looking like they want to move higher. Let’s look at those, with the best ones, AMCC and MNTA first:
Although these look good, and there are some nice charts setting up, […]
