Amazon held 966 it’s ORL level. Spu’s needed under 2427 for lower The Bulls will control the end of day saving the daily patterns. Goldman,CB & Pru are beneficiaries today
Daily Market Intelligence 5-5-17
IYT…transports are attempting an ORH Yr. above 165. Look for more upside into year end. 165 is your risk to own this sector. KRE…regional bank ETF held yesterday @ 54.40. A close above 56.03 will see this run into year … Continue reading
Stocks… GOOGL… 554-550 is the low risk buy zone NFLX…shows a potential weekly double bottom @ 470. Below, all the new longs will get run out. PRU & CB… are two financials that put in ORH days yesterday. As long … Continue reading
V…Visa looks to have bottomed. The first test is 207.50. The stop for any attempted long is 203. FEYE…between Palo Alto Networks Fireeye looks to have better upside to close 44.50. PANW resistance starts @ 66.35 ITB…rates are low and … Continue reading
Stocks.. GOOG…is good as long as it does not print 864 PIN…by maintaining over yesterday’s high, this tgt’s 18.46 next. FXI…38.90-39.02 is the next resistance area. Once above look for another dollar EWW…maintaining above 66 gets this moving to … Continue reading