1:25 pm EDT
Evolving Charts to Watch Today…
(click image to enlarge)
SPY sideways
trend at support forming a white candle that
could become a piercing line pattern by
end of day
BAC after
a six week down trend forming a bullish
engulfing and MACD bullish divergence at horizontal support and near a 50%
Fib retracement off its Dec 19 low for a potential six-week counter trend
bounce and an intermediate term continuation bounce
SHLD forming a potential piercing line pattern and potential
higher low support bounce after a 61.8 Fib retracement and setting up a potential C pattern
ADSK in a
six week down trend forming a potential
MACD bullish divergence that could become a potential counter-trend
bounce
Check Friday’s post for other
Setups including Bull Flags to Watch on Monday…
1 comment:
Dave, thank you for the intra-day comments. I find that very helpful and would love to see more of that if you ever have time. Really helps keep me in focus. Thank you for everything!
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