We have many similar chart patterns forming. Here are some names that are looking good to us.
Those wishing to increase Risk can review some of these names w/the commensurate stops.
FFIV …Five networks with a stop against today’s low
SMH….Semiconductor Etf..stop against today’s low
SLB…76.40 stop
XOM…83.30 stop..
OXY…we’ll look to go back to a full long
AGU…as long as this maintains over 82, it looks ok
MMM…use an 87 stop. The break out close is above 88.30
The metals have been going sideways.
AGQ.. ( Pro Shares Ultra Silver) would be an interesting look if you’re light on your metals exposure. You could trade it with a stop just below today’s low.
EWZ…( Brazil) with the grains on fire, this looks to get going on a close above 68.90.
