Pro Tips

A.M. Look 8/31/17

SPU’s…50X3 Long-Term P&F. This chart takes a little time to confirm the last low on Tuesday. This is forming a triangle waiting for another signal. A little patience going into today’s ADP #’s to see if we remain firm. 30 … Continue reading

Daily Market Intelligence 8/31/17

Daily Market Intelligence 8-31-17

Midday Missive

I’m looking for IBB to test 323 resistance. It will take all new closing strength over that level for higher. MSFT…put in an ORH yesterday. It’s held the pattern. It’s also a name that hasn’t runaway to the upside. VIX… … Continue reading

A.M. Look 8/30/17

Welcome to the Mid-Week Shuffle. We’ve seen pattern follow through in the Indices as well as many of the names. The Risk spreads filled their respective gaps,powered above momentum resistance, and are now siting on those momentum levels. This simply … Continue reading

Daily Market Intelligence 8/30/17

Daily Market Intelligence 8-30-17

ORH…Patterns

In no particular order this is a partial list of names with Bullish patterns forming.   If you’ve an interest in these names I urge you to do your homework.     ATVI,AAOI,CTXS,CUDA,EBAY FB,FSLR,IAC,KLAC,MOWR,TSLA PYPL,V,NVMI,UCTT,EXPE IBB,CMI,HON,NOC,PCAR,RHI,UPS,UTX,NSC JNJ,AFL,EXPE,PCLN   We’ve been … Continue reading

Transports

FDX…is leading this show.   IYT…the ETF is into resistance. The names will be a better place to look as this is into closing resistance.

Pattern Recognition…ORH Working

WMT…is attempting an ORH day UNH…195.81 is the ORH NVDA…165.10 AMAT…43.72 GOOGL …needs a close over 935 AMZN…needs a close over 953 CAT…116.06   Focus on Big cap tech and the Chips late day.

Midday Missive

The rest of the day will be a tail of capital flows. Spu’s…2438-40 is the bigger resistance level that needs to be closed over for the down trend to abate. This level is where the P&F charts show resistance. So … Continue reading

Midday Missive

The rest of the day will be a tail of capital flows. Spu’s…2438-40 is the bigger resistance level that needs to be closed over for the down trend to abate. This level is where the P&F charts show resistance. So … Continue reading