#$bbwi

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

Abbvie, Ticker: $ABBV

Abbvie, $ABBV, comes into the week rounding out of a pullback from a top in March. It has a RSI rising through the midline with the MACD moving up. Look for continuation to participate…..

Bath & Body Works, Ticker: $BBWI

Bath & Body Works, $BBWI, 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…..

Comerica, Ticker: $CMA

Comerica, $CMA, 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…..

Crowdstrike, Ticker: $CRWD

Crowdstrike, $CRWD, comes into the week holding over support. It has a RSI rising in the bullish zone with the MACD positive. Look for continuation to participate…..

McKesson, Ticker: $MCK

McKesson, $MCK, comes into the week at an all-time high. 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 which with the May options expiry in the books, saw equity markets with renewed strength moving to new all-time highs.

Elsewhere look for Gold to continue its uptrend while Crude Oil consolidates in a pullback. The US Dollar Index continues to pullback in its short term uptrend while US Treasuries bounce in their downtrend. The Shanghai Composite looks to continue the short term move higher while Emerging Markets build a short term uptrend.

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

Amgen, Ticker: $AMGN

Amgen, $AMGN, comes into the week after gapping up over resistance. It has a RSI in the bullish zone and the MACD positive. Look for continuation to participate…..

Ashland, Ticker: $ASH

Ashland, $ASH, comes into the week rising off support. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…..

Bath & Body Works, Ticker: $BBWI

Bath & Body Works, $BBWI, comes into the week at resistance. It has a RSI rising and the MACD about to turn positive. Look for a push over resistance to participate…..

CBOE, Ticker: $CBOE

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

Radian, Ticker: $RDN

Radian, $RDN, comes into the week making new highs. It has a RSI in the bullish zone with the MACD positive and rising. Look for continuation to participate…..

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