#$beat

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

Allstate, Ticker: $ALL

Allstate, $ALL, started higher from a long consolidation after the election in November. It reached a shorter plateau in December but then continued higher at the start of February. At the beginning of March it met resistance and pulled back in the shallow curve shown. Friday saw a move higher, starting a new leg up. The RSI is bullish and the MACD slowing its descent. Look for continuation to participate higher.....

BioTelemetry, Ticker: $BEAT

BioTelemetry, $BEAT, started higher off of its 200 day SMA at the beginning of November, hitting a pause in mid-December. It started back higher again in January and met resistance again at the end of February. It has consolidated since. Friday saw it move to the top of the range with the RSI turning back up in the bullish range. The MACD is also turning up towards a bullish cross. Look for a push over the range to participate to the upside.....

Burlington Stores, Ticker: $BURL

Burlington Stores, $BURL, pulled back into a low in early November. From there it jumped $20 quickly over 2 weeks and then consolidated for over 3 months. It was not until mid-February that it started to drift higher and then accelerated into the beginning of March. It has pulled back since in a perfect bull flag, with price moving slowly lower on declining volume. The RSI is bullish and strong with the MACD flat after a big move up. Look for a break of the flag to the upside to participate higher.....

Eaton, Ticker: $ETN

Eaton, $ETN, stated to move higher in November. A quick $9 in a week and then it pulled back. The reversal from a higher low made a higher high and then consolidated for 6 weeks before starting higher again. Now it is consolidating against resistance as it rides the 20 day SMA higher. The RSI is in the bullish zone while the MACD is about to cross up. Look for a push to a new high to participate in the upside.....

Royal Caribbean, Ticker: $RCL

Royal Caribbean, $RCL, started higher out of a bottoming process at the beginning of November. Through a couple of steps it has moved higher to the recent plateau at about 97.25. Friday saw a push to the top of the 2 month consolidation with support for more upside from the rising and bullish RSI and MACD turning back up. Look for a push to a new high to participate to the upside.....

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 March options Expiration week, sees the Equity markets have completed their reset after the most recent leg higher.

Elsewhere look for Gold to continue in its downtrend while Crude Oil also continues lower. The US Dollar Index looks to continue to pullback while US Treasuries are biased lower, possibly ready to break consolidation. The Shanghai Composite is pulling back in the uptrend and Emerging Markets are biased to the downside.

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

Allstate, Ticker: $ALL

Allstate, $ALL, rose off of a bottom in January and ran higher through the end of June. Since then it has moved sideways under resistance at 70. Last week a mild pullback touched the 200 day SMA for the first time since February, and started back higher. It ended Friday at resistance again. The RSI moved higher into the bullish zone with the MACD rising. These support more upside. Look for a push through resistance to participate higher.....

BioTelemetry, Ticker: $BEAT

BioTelemetry, $BEAT, trended higher from a low in February to a top in August. The pullback that followed saw a reverse back to that August high for a double top before a reversal lower. Two weeks ago it touched the 200 day SMA and settled. It started back higher after the election and is back at the October bounce area. The RSI is pushing through the mid line and the MACD has crossed up. Look for a push over resistance to participate to the upside.....

Cincinnati Financial, Ticker: $CINF

Cincinnati Financial, $CINF, moved higher off of a low in January to a high in July. It changed character to a sideways consolidation then for the next 3 and a half months until breaking to the downside in October. The pullback found support at the 200 day SMA last week and reversed higher. The RSI is rising and at the mid line with the MACD crossed up and rising. Look for a push over resistance to participate to the upside.....

Coach, Ticker: $COH

Coach, $COH, started higher in October and finally made a top in July. It pulled back from there for 2 months before finding support at 35 and then turning sideways. It has been in consolidation since. Friday saw a rejection at the top of resistance but with the RSI making a higher high and near a move into the bullish zone. The MACD is rising. Look for a move over the top of resistance to participate to the upside.....

Hasbro, Ticker: $HAS

Hasbro, $HAS, found a top in April and went through a pullback. It found a low in October and has been moving higher ever since. Friday it made a higher higher. The RSI is in the bullish zone and rising with the MACD rising. Look for continuation to participate to the upside.....

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 election in the rearview mirror and heading into the last full week before Thanksgiving and the holiday season begins, sees equity markets looking a bit mixed but positive.

Elsewhere look for Gold to continue lower while Crude Oil moves lower in the short term as well. The US Dollar Index looks strong and ready to challenge the 2015 highs while US Treasuries are biased continue lower. The Shanghai Composite is looking strong as it continues higher while Emerging Markets are at key support and looking weak if it does not hold.

Volatility looks to remain at lower normal levels now that the election has passed keeping the bias higher for the equity index ETF's SPY, IWM and QQQ. Their charts are a bit mixed though with the IWM leading a charge higher towards new all-time highs while the SPY stalls just below highs and the QQQ struggles in consolidation. Use this information as you prepare for the coming week and trad'em well.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers BioTelemetry, Ticker: $BEAT

BioTelemetry, $BEAT, has been moving higher since finding a bottom in February. There have been a couple of steps higher with gaps, each reaching overbought conditions before resetting for the next leg up. With the current consolidation the RSI is holding in the bullish zone and the MACD is falling, but positive. Look for a push over 17 to participate to the upside....

CBOE, Ticker: $CBOE

CBOE, $CBOE, bounced off of a low in February but stalled before it could get into the gap down that formed in December. It pulled back from there and made a higher low to start May. Since then it has consolidated under resistance. The RSI is pushing to a higher high and the MACD crossing up as it moved strongly higher to that resistance Friday. Look for a break above to participate in the upside.....

Honeywell, Ticker: $HON

Honeywell, $HON, rose from a bottom in January, finally hitting resistance and stalling in April. Since then it has consolidated, moving sideways, until Thursday. That is when it broke resistance to the upside. Friday pulled back to retest the breakout. The RSI is in the bullish zone and the MACD is rising. Look for a hold and reversal to participate to the upside.....

Intuitive Surgical, Ticker: $ISRG

Intuitive Surgical, $ISRG, run up from the February low, finding resistance in mid-April. Since then a shallow pullback and it is back at resistance. The RSI is in the bullish zone and the MACD is flat after a pullback. Look for a push over resistance to participate to the upside.....

Mastercard, Ticker: $MA

Mastercard, $MA, also made a low with the market in February. It started back higher and stalled in April and has moved sideways since. Last week saw a push down at the end of the week taking the RSI through the mid line. The MACD is flat. Look for a break below support to participate to the downside.....

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 June Options Expiration week and the FOMC meeting sees the equity indexes taking a little breather to the downside, after big moves. It would be troublesome if it turns into more.

Elsewhere look for Gold to continue higher in the short term while Crude Oil continues its trend higher. The US Dollar Index continues to trend lower in the short term in broad consolidation while US Treasuries are breaking out higher. The Shanghai Composite continues to hold steady in the downtrend and Emerging Markets are biased to the downside short term in their broad consolidation.

Volatility looks to remain low but may creep up a bit keeping the bias higher for the equity index ETF’s SPY, IWM and QQQ, but with less support that previously. Their charts are set to continue to digest the recent moves higher, with the QQQ weakest and then the IWM and the SPY holding well on the longer term charts. Use this information as you prepare for the coming week and trad’em well.

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

Bed Bath & Beyond, Ticker: $BBBY

Bed Bath & Beyond, $BBBY, made a top at the beginning of 2015 and started back lower. It made a bottom over January and February, after losing nearly 50%. The bounce that followed stalled as it hit 52 and it has been pulling back in a bull flag since. Friday may have put an end to that. The RSI is rising and bullish while the MACD is falling but remains positive. Look for upside continuation Monday to participate......

BioTelemetry, Ticker: $BEAT

BioTelemetry, $BEAT, had a quick run to 17 in the summer of 2015. From there it plummeted with healthcare stocks in September before a bounce. That was short lived as it reversed back lower to a bottom spiking down under 9. Since that bottom the price has moved up over its 200 day SMA and is now consolidating. The RSI has reset a bit lower and now turning back up while the MACD remains heading down. Look for a move higher out of consolidation to participate......

Fifth Third, Ticker: $FITB

Fifth Third, $FITB, was a Top 10 trade idea a few weeks back is it was breaking out of the early year consolidation and above the neckline of the Inverse Head and Shoulders. The price is still shy of the Price Objective of 18.15 from that pattern, but is consolidating again. The RSI is in the bullish zone now and the MACD is rising. Look for a break of consolidation higher to participate......

Medgenics, Ticker: $MDGN

Medgenics, $MDGN, fell from a high over $10 in September to make a low print of 3.09, about 70% lower, in February. This was part of a rounding consolidation that has been going on for all of 2016. Momentum has shifted to the upside with the RSI and MACD bullish. The movement Friday takes the price back to the most recent high on a strong candle. Look for follow through to a new higher high Monday to participate......

WhiteWave Foods, Ticker: $WWAV

WhiteWave Foods, $WWAV, fell from a top in August making a descending channel from September to mid February, before breaking it to the upside. It retrenched at a higher low over the last two weeks before a move higher Friday. The RSI is in the bullish zone and the MACD is about to cross up after a pause. Look for continuation Monday to participate......

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 Options Expiration behind and a short week ahead of Easter coming sees the Equity Indexes looking strong.

Elsewhere look for Gold to continue higher along with Crude Oil. Both show risk of a short term pullback. The US Dollar Index looks to test the bottom of the consolidation range while US Treasuries continue lower in their wedge. The Shanghai Composite and Emerging Markets are biased to the upside with risk of the Emerging markets running a little lower first.

Volatility looks to remain subdued and biased lower keeping the bias higher for the equity index ETF's SPY, IWM and QQQ. Their charts look strong, especially on the weekly timeframe. With the SPY finally over its 200 day SMA and late week action suggesting possible rotation into the IWM to come next. Use this information as you prepare for the coming week and trad'em well.