After underperforming S&P500 for over a year the metals&mining ETF could be springing back to life.
3 tops in a short amount of time makes for a more cautious view of the market.
The EURUSD could could start to strenghten again.
CELG broke out of a cup&handle pattern recently. Buy point still reachable.
Coming out of a cup&handle base CRM is pushing to new highs and could keep going in coming weeks.
A santa rally could stil happen as smallcaps are range trading and have not gone back to the recent lows. Couple this with lower volume in the recent range and we have a possible small base to propel stocks higher to year end.
LL has been under selling pressure for weeks. A break under the support can lead to more selling.
RMD is just beginning a larger run that could reach new levels if price takes out 42.22
FLT - A possible long next week.
TLT seems to have bounced strongly off the 50 and 200DMA. Possible long setup in this.
SHLD is breaking lower on strong volume and could go more.
VIX has had almost no reaction to the latest correction in the markets which is unusual. Complacency in the marketplace could mean lower prices ahead.
Potential short from the bear flag and price stalling near resistance.
WMT is Stalling under a resistance. Relatively weak bounce. Short.
Potential short as Nasdaq is stalling under the 200MA line.
S&P500 down-trend stopped and most likely will range for at least a week.
VRTS is in the top of its trading channel and looking like it could stopt going higher here. I'm neutral.
A good stock in a bad market but could take a break under the resistance. I am neutral.