#$vmc

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

JB Hunt Transport Services, $JBHT, comes into the week rising toward resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Norfolk Southern, $NSC, comes into the week pushing up through resistance. It has a RSI rising toward the bullish zone with the MACD negative. Look for continuation to participate…

Northern Trust, $NTRS, 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…

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

Vulcan Materials, $VMC, comes into the week moving higher over support. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…

Up Next: Bonus Idea                                                                                        

The Best

If you like what you see sign up for more ideas and deeper analysis using this 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 heading into the next round of earnings season and amidst an unusual ceasefire, saw equities show strength to follow up last week’s green shoots.

Elsewhere, look for Gold to continue to recover from the pullback while Crude Oil hangs on to the uptrend, pulling back in consolidation. The US Dollar Index looks to continue to drift lower in consolidation while US Treasuries hold over 15 month support like nothing is happening. The Shanghai Composite looks to continue a short term downtrend at possible support while Emerging Markets reverse higher to resume their uptrend.

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

Cboe Global Markets, Ticker: $CBOE

Cboe Global Markets, $CBOE, comes into the week breaking resistance. It has a RSI is the bullish zone with the MACD crossing up. Look for continuation to participate…..

Lockheed Martin, Ticker: $LMT

Lockheed Martin, $LMT, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a break of resistance to participate…..

TJX, Ticker: $TJX

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

Ulta Beauty, Ticker: $ULTA

Ulta Beauty, $ULTA, comes into the week moving up to resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

Vulcan Materials, Ticker: $VMC

Vulcan Materials, $VMC, 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 this Holiday Discount 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 2023 in the books, saw equity markets showed major strength with a strong move higher in the Nasdaq all year that surpassed the large cap S&P 500 move that started in late 2022.

Elsewhere look for Gold to continue its uptrend while Crude Oil continues to move lower. The US Dollar Index looks to continue to drift to the downside while US Treasuries stall in their uptrend. The Shanghai Composite looks to bounce in its trend lower while Emerging Markets consolidate in a broad range.

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

Aflac, Ticker: $AFL

Aflac, $AFL, comes into the week testing support. The RSI is on the verge of a move into the bearish zone with the MACD negative and falling. Look for a push under support to participate…..

CF Industries, Ticker: $CF

CF Industries, $CF, comes into the week holding at resistance at the 200 day SMA. The RSI is rising and the MACD moving higher. Look for a push over resistance to participate…..

Ciena, Ticker: $CIEN

Ciena, $CIEN, comes into the week at support and the 200 day SMA. The RSI is falling in the bearish zone with the MACD negative and crossed down. Look for a drop through support to participate…..

Microsoft, Ticker: $MSFT

Microsoft, $MSFT, comes into the week dropping back to support. It has a RSI falling in the bullish zone and a MACD dropping but positive. Look for continuation through support to participate…..

Vulcan Materials, Ticker: $VMC

Vulcan Materials, $VMC, comes into the week trying to round out a bottom after a pullback. The RSI is turning back higher with the MACD leveling but negative. Look for continuation to participate…..

If you like what you see sign up for more ideas and deeper analysis using this 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 heading into the September Options Expiration week, saw equity markets have started what has been there monthly pre-expiry pullback for the 5th month in a row.

Elsewhere look for Gold to consolidate while Crude Oil also spends time moving sideways. The US Dollar Index continues in an intermediate term consolidation while US Treasuries consolidate at the retest of the 2019 highs. The Shanghai Composite looks to be breaking out of a long term broad consolidation to the upside while Emerging Markets consolidate in a short term bull flag.

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

Agilent Technologies, Ticker: $A

Agilent Technologies, $A, comes into the week break resistance after a short consolidation. The RSI is rising in the bullish zone with the MACD turning to cross up and positive. Look for continuation to participate…..

Abbott Laboratories, Ticker: $ABT

Abbott Laboratories, $ABT, has trended higher since a gap down to start June. It ended last week breaking over resistance with the RSI rising in the bullish zone and the MACD lifting from flat. Look for continuation to participate…..

Amgen, Ticker: $AMGN

Amgen, $AMGN, comes into the week at resistance in consolidation after a move up off the 200 day SMA. It has a RSI rising toward the bullish zone with the MACD lifting off the signal line and positive. Look for a push over resistance to participate….

Deere, Ticker: $DE

Deere, $DE, closed the week back at resistance after a minor pullback. The RSI is rising towards the bullish zone with the MACD about to turn positive. Look for a push over resistance to participate…..

Vulcan Materials, Ticker: $VMC

Vulcan Materials, $VMC, comes into the week moving higher towards resistance. The RSI is rising toward the bullish zone and the MACD positive and moving higher. Look for a push over resistance to participate…..

If you like what you see sign up for more ideas and deeper analysis using this 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 one week left in July, saw equity markets had shaken off a threat to the downside, with some reversing to all-time highs.

Elsewhere looks for Gold to consolidate while Crude Oil looks ready to continue the move higher. The US Dollar Index continues to drift to the upside while US Treasuries may be ready to pullback in their uptrend. The Shanghai Composite looks to continue in consolidation while Emerging Markets pullback in consolidation.

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

American Express, Ticker: $AXP

American Express, $AXP, found support in March and then chopped around for 2 months. it started higher in late May but stalled at the 200 day SMA and pulled back. It has been consolidating at a higher low since. Friday it broke higher. The RSI is rising into the bullish zone and the MACD lifting and positive. Look for continuation to participate…..

McDonald’s, Ticker: $MCD

McDonald’s, $MCD, started higher off of a March low and paused at the end of April. After a minor pullback it started higher again, reaching resistance as it passed the 200 day SMA. It touched that resistance again in July and broke through to end last week. The RSI is rising and bullish with the MACD moving higher. Look for continuation to participate…..

Northern Trust, Ticker: $NTRS

Northern Trust, $NTRS, bottomed in March and started higher again. It paused in April and fell back to a higher low in May. Another leg up made a higher high and then it fell back to a higher low again in July. Now it is at short term resistance with the RSI rising into the bullish zone and the MACD moving up and positive. Look for a push over resistance to participate…..

Union Pacific, Ticker: $UNP

Union Pacific, $UNP, fell hard and fast to a bottom in March before a strong bounce. After reaching the 20 day SMA it started to chop higher and reached a top in June. A pullback to a higher low at the 200 day SMA held as support and it has been there since. It ended last week rising to resistance with the RSI moving up in the bullish zone and the MACD crossing up and positive. Look for a push over resistance to participate…..

Vulcan Materials, Ticker: $VMC

Vulcan Materials, $VMC, bounced off of a low in March to a lower high in April. It pulled back from there to a higher low though and then continued to move higher to resistance at the 200 day SMA in June. It has consolidated under resistance since until breaking higher Friday. The RSI rising in the bullish zone with the MACD crossed and rising. Look for continuation to participate…..

If you like what you see sign up for more ideas and deeper analysis using this 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 first week of August in the books, saw the dog days of summer were nowhere to be found. Instead equities are finding renewed strength as they moved higher.

Elsewhere look for Gold to continue higher while Crude Oil consolidates in a slow drift up. The US Dollar Index looks to consolidate the move lower while US Treasuries pause in their uptrend. The Shanghai Composite looks to continue the short term move higher while Emerging Markets continue to consolidate.

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

Ciena, Ticker: $CIEN

Ciena, $CIEN, started to work higher in March and then paused at the start of June. It has consolidated there under resistance since. The RSI is rising in to the bullish zone with the MACD crossed up and positive. Look for a push over resistance to participate…..

Fifth Third, Ticker: $FITB

Fifth Third, $FITB, slowly started to turn down in December. It bounced off of its 200 day SMA at the end of January and then started to accelerate lower upon breaking below the 200 day SMA in February. It made a low in March and started to move back higher. It got knocked back at the 200 day SMA in June and has found support and been consolidating for the past 3 weeks under short term resistance. The RSI is rising through the mid line with the MACD crossed and about to turn positive. Look for a push over resistance to participate…..

Horizon Therapeutics, Ticker: $HZNP

Horizon Therapeutics, $HZNP, started higher in March and ran until late May. It had a slight retracement and then continued higher. The recent top last week was followed by a pullback Friday, printing a hammer reversal candle. The RSI is leveling after a pullback in the bullish zone with the MACD flat and positive. Look for confirmation of the reversal to participate…..

KeyCorp, Ticker: $KEY

KeyCorp, $KEY, bounced off of a March low and then struggled to move into the March gap. It finally broke higher in June but stalled and pulled back. It is rounding out now with the RSI rising toward the bullish zone and the MACD crossed and about to go positive. Look for a push higher to participate….

Vulcan Materials, Ticker: $VMC

Vulcan Materials, $VMC, stalled on a bounce off of a March low when it touched the 50 day SMA in April. It consolidated and then started moving higher again in May. It started to consolidate again when it reached the 200 day SMA in June and has held there since. The RSI is rising in the bullish zone with the MACD slowly moving higher. Look for a push over resistance to participate…..

If you like what you see sign up for more ideas and deeper analysis using this 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 ahead of the last week left in July, filled with reports from the market leaders as well as a preliminary print on the 2nd quarter GDP number and expiring COVID-19 benefits. With all this looming overhead Equities have barely given up any ground.

Elsewhere look for Gold to continue higher while Crude Oil consolidates in a narrow range. The US Dollar Index continues to move to the downside while US Treasuries advance towards their all-time highs. The Shanghai Composite looks to continue the move lower in broad consolidation while Emerging Markets consolidate in the February gap.

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

Apple, Ticker: $AAPL

Apple, $AAPL, moved out of a short consolidation at the end of September and ran to a top 2 weeks ago. It pulled back and then reversed quickly. It is sitting at the prior high with a RSI that has pulled back from overbought and a MACD that is leveling as it pulls back as well. Look for a push through resistance to participate…..

BlackRock, Ticker: $BLK

BlackRock, $BLK, ended a move up off of the December 2018 low at the start of May. It pulled back from there and then reversed to retest the high. A pullback again, this time to a slightly lower low, also reversed and pushed to a higher high in November. It has consolidated since with the RSI in the bullish zone and the MACD working slightly lower. Look for renewed push higher to participate…..

Monster Beverage, Ticker: $MNST

Monster Beverage, $MNST, has been in a rut, moving sideways since an August drop. Last week it made a slightly higher high with the RSI in the bullish zone and the MACD positive and rising. Look for continuation to participate higher…..

Vulcan Materials, Ticker: $VMC

Vulcan Materials, $VMC, had a long strong run higher from a December low to a top in September. Since then it pulled back into early November and then found support. It has moved higher since with a RSI moving back towards the bullish zone and the MACD rising toward positive. Look for continuation to participate….

YUM Brands, Ticker: $YUM

YUM Brands, $YUM, made a double top in September and started lower. It gapped down at the end of October and shortly after found support. It held there until last week when it turned back higher. The RSI is rising and near the mid line with the MACD moving higher but still negative. Look for continuation to participate…..

If you like what you see sign up for more ideas and deeper analysis here.   And until year end, special Holiday pricing of only $618. After the Holidays it jumps to $1000.

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 one month left in the decade saw equity markets continuing to show strength.

Elsewhere look for Gold to continue its pullback while Crude Oil remains in broad consolidation. The US Dollar Index looks to continue to drift to the upside while US Treasuries continue to channel lower. The Shanghai Composite looks to drift lower as well with Emerging Markets in broad consolidation.