MaxNewman

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Markets Allocation
75 % stocks 25 % commodities
Top Mentioned Symbols
FB 50% | 2 ES1! 25% | 1 JCP 25% | 1
MaxNewman MaxNewman FB, D,
FB: FB channel
26 0 0
FB, D
FB channel

FB is in a channel

MaxNewman MaxNewman FB, D,
FB: FB support
39 0 0
FB, D
FB support

FB needs to hold 52-55 range...any poke below 55 should see a quick response back above. Otherwise this pushes to 45 area.

MaxNewman MaxNewman JCP, W,
JCP: RIP JCP
69 0 0
JCP, W
RIP JCP

Simple analysis of JCP's chart over past few years.

MaxNewman MaxNewman ES1!, D,
ES1!: ES wedge with possible high side break scenario
90 0 0
ES1!, D
ES wedge with possible high side break scenario

Good chance we break the wedge to the upside and test upper end of balance and high of bracket. There will be significant divergence and late stuck longs if we get here. Smart/big money took lots of profit from 50-86...they are likely looking for better long location around 1590 and below. Sellers could come in early around 72 again. Sellers could come in right ...

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