#$oln

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

BHP, Ticker: $BHP

BHP, $BHP, dropped out of consolidation to a low 2 weeks ago. It comes into the week at resistance from the gap down with the RSI rising and the MACD turning to cross up. Look for a break into the gap to participate…..

CIT, Ticker: $CIT

CIT, $CIT, comes into the week pressing on the highs. It has a RSI rising in the bullish zone with the MACD rising after avoiding a cross. Look for a push over resistance to participate…..

Olin, Ticker: $OLN

Olin, $OLN, comes into the week approaching the prior high. It has a RSI rising in the bullish zone with the MACD positive and climbing. Look for a push over resistance to participate…..

ON Semiconductor, Ticker: $ON

ON Semiconductor, $ON, comes into the week at the all-time high with the RSI rising in the bullish zone and the MACD crossing up and positive. Look for a new high to participate…..

Charles Schwab, Ticker: $SCHW

Charles Schwab, $SCHW, comes into the week back at the all-time high with the RSI rising in the bullish zone and the MACD rising and positive. Look for a push to a new high 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. This week’s list contains the first five below to get you started early.  These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the last full week of August in the books, saw equity markets showed strength with aggressive moves higher and all-time highs.

Elsewhere look for Gold to continue its push out of long term consolidation higher while Crude Oil may also be resuming the uptrend. The US Dollar Index looks on the edge of breaking the long downtrend the while US Treasuries pause in their uptrend. The Shanghai Composite looks to continue in broad consolidation while Emerging Markets continue to be biased to move lower.

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

Exelixis, Ticker: $EXEL

Exelixis, $EXEL, spiked to a top in September and then steadily plodded lower over the next 3 months. It consolidated there for 3 weeks and is now breaking resistance to the upside. The RSI is rising into the bullish zone with the MACD rising but still negative. Look for continuation to participate…..

Graco, Ticker: $GGG

Graco, $GGG, started up out of consolidation and over the 200 day SMA in July. It has continued higher since. It comes into the week cracking resistance with the RSI rising in the bullish zone and the MACD crossing up and positive. Look for continuation to participate…..

Okta, Ticker: $OKTA

Okta, $OKTA, had a steady move higher from the March low and topped in October. After falling it back it found support and reversed to retest the high. The RSI is rising into the bullish zone with the MACD positive and moving up. Look for a push over resistance to participate…..

Olin, Ticker: $OLN

Olin, $OLN, started to move higher in October and has continued. It comes into the week at 20 month highs with the RSI strong in the bullish zone and the MACD about to cross up and positive. Look for continuation to participate higher…..

Twilio, Ticker: $TWLO

Twilio, $TWLO, pushed above the 200 day SMA and then gapped up. it continued to an August high before digesting and then resumed to a top in October. After a pullback it is at that top again. The RSI rising in the bullish zone with the MACD lifting and positive. Look for a new high to participate…..

If you like what you see sign up for more ideas and deeper analysis using the Get Premium button above with special 25% off Holiday pricing.

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 December options expiration and the last full week of trading this year, sees equity markets have tapped the brakes after strong moves higher.

Elsewhere look for Gold to continue its pullback while Crude Oil pushes slowly to the upside. The US Dollar Index continues to drift lower while US Treasuries continue to trend lower. The Shanghai Composite looks to have fallen back into broad consolidation while Emerging Markets trend higher.

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

Allot, Ticker: $ALLT

Allot, $ALLT, rose to a top in May from a March low. It pulled back slightly and digested before a retest at that top in August. Since then it has moved to a lower low and consolidated. Friday it pushed of the top of the consolidation zone. The RSI is rising again and the MACD about to cross up. Look for continuation to participate…..

Cummins, Ticker: $CMI

Cummins, $CMI, rose from a March low and did not pause until crossing the 200 day SMA. It pulled back to test it as support twice before another leg higher to a top in August. it has consolidated under resistance there since. The RSI is moving higher in the bullish zone with the MACD flat after a pullback. Look for a push over resistance to participate…..

Dollar General, Ticker: $DG

Dollar General, $DG, rose quickly from a March low into mid-April. It slowed from there but has continued higher since. It made a top in August and pulled back but has since reversed and made a new all-time high Friday. The RSI is rising and bullish with the MACD moving higher. Look for continuation to participate…..

Olin, Ticker: $OLN

Olin, $OLN, bottomed in March and then bounced. it stalled as it hit the 200 day SMA and pulled back. After regrouping it rose again only to stall at the 200 day SMA again and retreat. It held over support at lower levels then making its first higher high Friday. The RSI is rising in the bullish zone with the MACD moving higher. Look for continuation to participate…..

PayPal, Ticker: $PYPL

PayPal, $PYPL, started higher in March and continued to a top in early September. It has pulled back from there and comes into the week at the 100 day SMA. The RSI is into the bearish zone with the MACD negative and dropping. Look for a break out 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 September options expiry ended sees equity markets pulled back after an early start higher.

Elsewhere look for Gold to consolidate in its uptrend while Crude Oil moves higher in the short term. The US Dollar Index looks to continue to consolidate the recent drop while US Treasuries mark time after pulling back slightly in their uptrend. The Shanghai Composite looks to remain in broad consolidation while Emerging Markets consolidate under long term resistance.

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

Johnson & Johnson, Ticker: $JNJ

Johnson & Johnson, $JNJ, started higher in October, reaching a top early in February. It pulled back from there and seems to have found support at the 50 day SMA. The RSI is turning back higher at the lower edge of the bullish zone with the MACD leveling and positive. Look for a reversal to participate…..

Olin, Ticker: $OLN

Olin, $OLN, fell back from a plateau in November, retesting and then undercutting the August low. Since then it has moved higher. The RSI is rising and bullish with the MACD moving up and positive. Look for continuation to participate…..

R1 RCM, Ticker: $RCM

R1 RCM, $RCM, started a move higher in October. It paused at the end of November as it reached the prior high, and then pulled back. It started higher gain in December, and has built tightening consolidation under resistance. The RSI is holding in the bullish zone with the MACD flat but positive. Look for a push over resistance to participate…..

Tractor Supply, Ticker: $TSCO

Tractor Supply, $TSCO, has moved sideways under resistance since October. It ended last week pushing over that resistance. The RSI is rising and bullish with the MACD positive and moving up. Look for continuation to participate…..

Voya Financial, Ticker: $VOYA

Voya Financial, $VOYA, started higher in August. It made a top in December after a gap up and has consolidated since. Last week it broke consolidation. The RSI is holding in the bullish zone with the MACD lifting and positive. Look for continuation 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 February options expiration ended, and one week left in the month, saw equity markets starting to move lower.

Elsewhere look for Gold to continue its strength while Crude Oil creeps higher in consolidation. The US Dollar Index remains in an uptrend despite Friday weakness while US Treasuries seem poised to print record highs. The Shanghai Composite looks to continue the move higher while Emerging Markets move lower in broad consolidation.

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

Allstate, Ticker: $ALL

Allstate, $ALL, started lower from a top in September. It accelerated into December, finding a bottom two weeks ago. Since then it has consolidated against resistance. Friday it moved over the 20 day SMA to that resistance. The RSI is rising towards the mid line with the MACD crossed up and moving higher. Look for a push over resistance to participate…..

TD Ameritrade, Ticker: $AMTD

TD Ameritrade, $AMTD, moved lower in a series of 3 major steps. it found a bottom 2 weeks ago and bounced. After stalling at the 20 day SMA for a few days, it resumed the path higher to resistance at the end of last week. The RSI is rising toward the bullish zone with the MACD crossed up and rising. Look for a push over resistance to participate…..

Ciena, Ticker: $CIEN

Ciena, $CIEN, started higher off of its 200 day SMA in June. In September it gapped up and paused before continuing to move higher, making higher lows along the way. The latest push higher from a December low ended last week at some short term resistance. It has a RSI in the bullish zone moving higher with the MACD positive and rising. Look for a push over resistance to participate…..

Olin, Ticker: $OLN

Olin, $OLN, fell out of consolidation in September and began a steady march lower. It found support at the end of October and has been moving mainly sideways in consolidation since. The RSI is rising into the bullish zone with the MACD about to go positive. Look for a push over resistance to participate…..

UPS, Ticker: $UPS

UPS, $UPS, started lower from a top in early September. It found support at the end of October and bounced to a lower high. From that early December high it fell much faster to a bottom 2 weeks ago. Since then it has proceeded higher and ended the week at short term resistance. The RSI is rising toward the mid line with the MACD crossed up and rising. Look for a push over resistance 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 heading into the first full week of 2019 sees the equity markets have shown some short term strength but still have a long way to go to claim a reversal.

Elsewhere look for Gold to continue in its uptrend while Crude Oil joins it moving higher. The US Dollar Index will continue to move sideways while US Treasuries pause in their uptrend. The Shanghai Composite will continue to move lower while Emerging Markets may pause in their downtrend.

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

Apache, Ticker: $APA

Apache, $APA, ran to the downside hard in early August. It found a bottom at the end of the month and bounced. That bounce found resistance at a lower high and the 100 day SMA and held for 2 weeks. Last week it fell back again but to a higher low. The RSI is leveling at the edge of the bullish zone and the MACD is falling. Look for a push above Friday's close to participate higher.....

Cigna, Ticker: $CI

Cigna, $CI, has had a smooth and steady trend higher out of consolidation in April. Last week ended with the price bouncing off of rising trend support. The RSI is at the mid line while the MACD is falling, but positive. Look for continued motion higher to participate.....

Lowe's, Ticker: $LOW

Lowe's, $LOW, started to pullback from a high in May. After a few bounces, it found a bottom in July around 72. It retested that bottom in August and then confirmed a Double Bottom reversal in early September. It has continued higher from there. The RSI is bullish and rising with the MACD avoiding a cross down. Look for a push over resistance to participate higher.....

Nektar Therapeutics, Ticker: $NKTR

Nektar Therapeutics, $NKTR, rose up off of support in August, stalling as it touched the March high. It pulled back from there two weeks ago to find support at a higher low last week. The RSI is holding and turning back up at the mid line while the MACD is falling. Look for a higher close to participate in an upside reversal.....

Olin, Ticker: $OLN

Olin, $OLN, rose from an August 2026 low finding resistance in March. It consolidated in a rounding bottom from there, starting to rise out of it in August. It made a high 3 weeks ago and consolidated before a shallow pullback last week. Friday's candle suggests a reversal to the upside. The RSI has reset from an overbought condition and the MACD is crossed down. Look for continuation higher 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 heading into October Options Expiration sees the equity markets are all at record highs and looking strong.

Elsewhere look for Gold to continue higher in the short term while Crude Oil also slowly grinds its way up. The US Dollar Index may be pausing in the longer downtrend while US Treasuries are strong and rising short term. The Shanghai Composite and Emerging Markets both look to continue to move higher in slow fashion.

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

AIG, Ticker: $AIG

AIG, $AIG, started higher in April. It stalled in June for a month and then resumed the path higher until stopping at the same level that halted it at the beginning of the year. it pulled back fast in August but seems to have made a higher low last week. The RSI has turned back higher and the MACD is turning up toward a bullish cross. Look for continuation to participate higher.....

TD Ameritrade, Ticker: $AMTD

TD Ameritrade, $AMTD, started to pull back from a top in January touching its 200 day SMA in late March. It consolidated there for 3 months before turning back higher in June. The move up met resistance at the same top and it pulled back again. This time it seems to be making a higher low as it consolidates over the 100 and 200 day SMA's. The RSI is making a higher high as it reverses up and the MACD is about to cross up. Look for a push over short term resistance to participate higher.....

International Paper, Ticker: $IP

International Paper, $IP, made a top in January and immediately started back lower. The pace slowed in February and stopped just before touching its 200 day SMA in April. A bounce to a lower high and then retreat to the 200 day SMA again in May led to a push back to the original January top. It failed again though and this time pulled back below the 200 day SMA. It has been consolidating since then over the 200 day SMA and under resistance. The RSI is rising through the mid line and the MACD crossed up and rising. Look for a push over resistance to participate higher.....

Jazz Pharmaceuticals, Ticker: $JAZZ

Jazz Pharmaceuticals, $JAZZ, had a strong run higher from a December low to a top at the end of April. It moved sideways from there for 3 months before pulling back. The stock found support quickly though and has consolidated since. Last week it made a short term higher low and is now back at resistance. The RSI is bumping the mid line while the MACD is crossed up and rising. Look for a push over resistance to participate.....

Olin, Ticker: $OLN

Olin, $OLN, ran higher from a low in September last year, topping out in March. It held at the top for a month before starting to leak lower, bottoming in late June. The 200 day SMA caught up to it in August and it started higher. Last week it made a higher high and closed at resistance. The RSI is in the bullish zone and rising while the MACD is moving higher. Look for a push over resistance 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 heading into the Labor Day shortened week sees equities looking stronger led by the QQQ.

Elsewhere look for Gold to continue in its uptrend while Crude Oil sustains a small bounce in the downtrend. The US Dollar Index continues to move down with small bounces while US Treasuries are pulling back in their uptrend. The Shanghai Composite is strong consolidating a break out, ready to continue higher and Emerging Markets are rising and making 3 year highs.

Volatility looks to remain at very low levels keeping the bias higher for the equity index ETF's SPY, IWM and QQQ. Their charts are all recovering with the SPY gaining short term strength, nearing a trend resumption while the IWM heads higher short term in a rising channel. The QQQ breaking to new all-time highs looks the strongest. 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:

Electronic Arts, Ticker: $EA

Electronic Arts, $EA, had a shallow pullback from a high at the beginning of October. It found support at the 200 day SMA in December and then reversed. By February it was at new highs and peaked two weeks ago. It pulled back to the 20 day SMA and found support last week, ending the week with a move higher. The RSI is rising after a reset lower in the bullish zone, while the MACD is still moving lower. Look for continuation to the upside to participate higher.....

Envision Healthcare, Ticker: $EVHC

Envision Healthcare, $EVHC, pulled back from a top last summer and settled into a lower consolidation range. It made two runs at breaking the range to the upside, one in December, and then again at the end of February, each time pulling back. The latest pull back found a bottom Wednesday printing a Hammer and confirmed a reversal Thursday with follow through Friday. The RSI and MACD are also turning up. Look for continuation to participate higher.....

Olin, Ticker: $OLN

Olin, $OLN, started higher in September, and closed a gap in December, causing a consolidation. It marked time for 2 months before starting higher again in February. Last week it met resistance and stalled again. The RSI is holding in the bullish zone while the MACD has reset lower. Look for a push over resistance to participate higher.....

T-Mobile, Ticker: $TMUS

T-Mobile, $TMUS, has steadily plodded higher since February 2016. There was a consolidation along the way last fall, and now there is a second consolidation that started in January. It has been tightening against rising support with the RSI holding in the bullish range and now looking to move higher. The MACD is also crossing up. Look for a move up out of consolidation to participate to the upside.....

Westmoreland Coal, Ticker: $WLB

Westmoreland Coal, $WLB, moved higher out of consolidation in November, finally hitting resistance at the beginning of December. It pulled back slightly and held for 2 and a half months before starting lower again. It bottomed after crossing its 200 day SMA 3 weeks ago and started higher. Now it is consolidating with each candle tightening, and the Bollinger Bands® squeezing. The RSI is holding at the mid line with the MACD crossed up and rising. Look for a break above consolidation to participate higher.....

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 end of the first Quarter sees equity markets showing some signs of cracking, with the IWM the worst.

Elsewhere look for Gold to continue in its uptrend while Crude Oil continues lower. The US Dollar Index also looks to continue lower while US Treasuries continue higher in their consolidation range. The Shanghai Composite looks to continue a slow grind up and Emerging Markets continue to look strong.