5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Adobe, Ticker: $ADBE

Adobe, $ADBE, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

Amgen, Ticker: $AMGN

Amgen, $AMGN, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

CME Group, Ticker: $CME

CME Group, $CME, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

Fedex, Ticker: $FDX

Fedex, $FDX, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

Morgan Stanley, Ticker: $MS

Morgan Stanley, $MS, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a move away over resistance to participate…..

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into the unofficial end of summer and with August in the books, saw equity markets show a preference for some rest after the 3 week move higher.

Elsewhere look for Gold to continue its uptrend while Crude Oil consolidates in a tightening range. The US Dollar Index continues to bounce to the upside while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue the downtrend while Emerging Markets consolidate over support in a possible start of a new uptrend.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

CIENA, $CIEN, comes into the week breaking resistance. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…

CME, $CME, comes into the week reversing out of a pullback. It has a RSI at the midline with the MACD negative. Look for continuation to participate…

Freeport-McMoRan, $FCX, comes into the week rounding out of a pullback. It has a RSI rising and the MACD crossed up. Look for continuation to participate…

Fedex, $FDX, comes into the week rounding out of a pullback. It has a RSI at the midline with the MACD crossing up. Look for continuation to participate…

Netflix, $NFLX, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday with the shortened pre-Easter week in the books, saw equities show some green shoots after a 5 week run lower.

Elsewhere, look for Gold to continue to recover in the pullback while Crude Oil continues to surge bear 4 year highs and closing in on the 2008 all-time highs. The US Dollar Index looks to continue to press on resistance in consolidation while US Treasuries hold over 15 month support. The Shanghai Composite looks to continue a short term downtrend at possible support while Emerging Markets seek support in the pullback in their uptrend.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Amazon, $AMZN, comes into the week rounding up out of a pullback. It has a RSI rising in the bearish zone with the MACD curling to cross up. Look for continuation to participate…

ASML, $ASML, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

CME Group, $CME, comes into the week pressing through resistance. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…

Alphabet, $GOOGL, comes into the week rounding up out of a pullback. It has a RSI rising near the midline with the MACD curling up. Look for continuation to participate…

Honeywell, $HON, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. look for a push over resistance to participate…

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into the last week of February and after the Supreme Court ruling that tariffs were illegally put in place, saw equity markets show resilience holding steady on the week.

Elsewhere, look for Gold to continue to drift between $5000 and $5100 digesting the long move up while Crude Oil moves slightly higher in the consolidation range. The US Dollar Index is continuing to show some weakness holding near a 4 year low while US Treasuries look to hold in the upper end of the consolidation zone. The Shanghai Composite looks to come back in action after the holidays to a pause in the uptrend while Emerging Markets continue to add new all-time highs in their uptrend.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

BP, $BP, comes into the week breaking above short term resistance. It has a RSI on the cusp of the bullish zone with the MACD positive. Look for continuation to participate…

CME Group, $CME, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

CVS Health, $CVS, comes into the week pushing up through resistance. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…

Monster Beverage, $MNST, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Atlassian, $TEAM, comes into the week moving up off a pullback. It has a RSI rising in the bearish zone with the MACD curling to cross up. Look for continuation to participate…

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into next week’s FOMC meeting, saw equity markets show resilience snapping back after a news driven sell off to start the week.

Elsewhere, look for Gold to continue the uptrend in pursuit of $5000/oz while Crude Oil drifts in the consolidation range. The US Dollar Index is shifting to the downside continue to hold at 3½ month lows in consolidation and looking better lower. The Shanghai Composite looks ready to continue the uptrend at 10½ year highs while Emerging Markets continue to make new all-time highs in their uptrend.

CME Group, $CME, comes into the week approaching resistance after a move up from the 200 day SMA. It has a RSI rising into the bullish zone with the MACD positive and rising as the Bollinger Bands® open higher. There is resistance at 273 and 276 then 280 and 282.50 before 287.25 and 290.50. Support lower is at 269.50 and 266. Short interest is low at 1.1%. The stock pays a dividend with an annual yield of 1.84% and has traded ex-dividend since September 9th.

The company is expected to report earnings next on October 22nd. The October option chain shows big open interest from the 270 to 250 strikes on the put side and biggest at 270 then 280 on the call side. In the November chain open interest is biggest at the 250 put and spread from 270 to 310 on the call side, biggest at 270 and 280. Finally in the December chain the open interest builds from 290 to a peak at 260 then tails to 230 on the put side. The call side sees open interest spread from 280 to 330, biggest at 330 then 290 and 300.

Trade Idea 1: Buy the stock on a move over 273 with a stop at 265.

Trade Idea 2: Buy the stock on a move over 273 and add a November 260/250 Put Spread ($3.25) while selling the December 300 Call ($1.90).

Trade Idea 3: Buy the October/November 280 Call Calendar ($6.00) while selling the November 250 Put ($2.05).

Trade Idea 4: Buy the December 260/280/300 Call Spread Risk Reversal ($3.50).

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which in the first full week without economic data, saw it start well for equity markets as they continued to move higher, piling up more new record highs. But that ended Friday.

Elsewhere, look for Gold to continue the uptrend to new highs while Crude Oil moves lower in a short term downtrend in consolidation. The US Dollar Index continues to drift upwards in consolidation, while US Treasuries hold higher in their consolidation, continuing to tease of a reversal higher. The Shanghai Composite looks to continue the short term consolidation in the uptrend to new 10 year highs while Emerging Markets also continue their uptrend to new 4 year highs.

CME Group, $CME, comes into the week approaching resistance in consolidation. The Bollinger Bands® have squeezed in, often a precursor to a move. The RSI is rising in the bullish zone with the MACD positive and moving higher. There is resistance at 282.50 and 285.50 then 290.80. Support lower is at 278.25 and 274. Short interest is low at 1.3%. The stock pays a dividend with an annual yield of 1.79%.

The company is expected to report earnings next on October 21st. The August options chain has biggest open interest at the 250 strike on the put side and the 290 strike on the call side. In the September chain it is biggest at the 260 put and 280 call. The October chain is just getting started and has low open interest. Finally, in the November chain, open interest is biggest at the 250 put and the 310 call strikes.

Trade Idea 1: Buy the stock on a move over 282.50 with a stop at 272.50.

Trade Idea 2: Buy the stock on a move over 282.50 and add a September 270/260 Put Spread ($3.55) while selling the October 300 Calls ($2.90).

Trade Idea 3: Buy the September/October 290 Call Calendar ($3.90) while selling the September 260 Put ($1.85).

Trade Idea 4: Buy the November 260/290/310 Call Spread Risk Reversal ($4.60).

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into the peak of earnings season and the FOMC meeting, saw equity markets continuing to show strength, making new highs.

Elsewhere, looked for Gold to continue to consolidate in its uptrend while Crude Oil drifts in consolidation. The US Dollar Index continues short term move to the downside at 3 year lows while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to move up to test the top of the broad consolidation area while Emerging Markets continue their short term uptrend.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Broadcom, $AVGO, comes into the week approaching resistance and the 200 day SMA. It has a RSI at the midline with the MACD rising and negative. Look for a push over resistance to participate…

CME Group, $CME, comes into the week moving higher off a pullback. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…

Deere, $DE, comes into the week at resistance. It has a RSI at the midline with the MACD negative and both rising. Look for a break of resistance to participate…

RTX, $RTX, comes into the week at resistance. It has a RSI at the midline with the MACD negative and rising. Look for a push over resistance to participate…

TJX, $TJX, comes into the week breaking resistance. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday heading into the holiday shorted pre-Easter week, saw equity markets show resilience with a sizeable move higher in a very volatile week.

Elsewhere look for Gold to continue its move higher while Crude Oil continues the downtrend. The US Dollar Index continues to trend to the downside while US Treasuries trend lower. The Shanghai Composite consolidation looks at risk to a move lower while Emerging Markets consolidate.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

AbbVie, $ABBV, comes into the week approaching resistance. It has a RSI in bullish territory with the MACD positive. Look for a push over resistance to participate…

Cboe Global Markets, $CBOE, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

CME Group, $CME, comes into the week consolidating in a triangle. It has a RSI in the bullish zone with the MACD positive. Look for a break of the triangle to participate…

Honeywell, $HON, comes into the week rounding out of a bottom. It has a RSI rising near the midline with the MACD crossing up. Look for continuation to participate…

Johnson & Johnson, $JNJ, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

If you like what you see sign up for more ideas and deeper analysis using thi Get Premium link.   

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the February options expiration in the books, saw equity markets show some cracks at the end of the week following a strong open post-holiday.

Elsewhere look for Gold to continue its uptrend while Crude Oil consolidates in a broad range. The US Dollar Index continues to drift to the downside, testing prior breakout levels, while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue higher in broad consolidation while Emerging Markets continue a short term uptrend.