#$see

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

Fidelity National Information Services, Ticker: $FIS

Fidelity National Information Services, $FIS, 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….

Knight-Swift Transportation, Ticker: $KNX

Knight-Swift Transportation, $KNX, comes into the week reversing higher. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…..

Meta Platforms, Ticker: $META

Meta Platforms, $META, comes into the week moving higher. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…..

Packaging Corp of America, Ticker: $PKG

Packaging Corp of America, $PKG, 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…..

Sealed Air, Ticker: $SEE

Sealed Air, $SEE, 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 with the first week of January in the books, saw equity markets had retrenched, seeing some profit taking into the New Year.

Elsewhere look for Gold to pause in its uptrend while Crude Oil pauses in its move lower. The US Dollar Index continues to drift to the downside while US Treasuries pullback in their uptrend, potentially in a reversal. The Shanghai Composite looks to continue the trend lower while Emerging Markets consolidate in a broad range. The Volatility Index looks to remain very low and stable making the path easier for equity markets to the upside.

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

Boeing, Ticker: $BA

Boeing, $BA, comes into the week pressing on resistance. It has a RSI trying to move higher in the bearish zone with the MACD crossed up but negative. Look for a push over resistance to participate…..

Cboe Global Markets, Ticker: $CBOE

Cboe Global Markets, $CBOE, came into the week back at support. It has a RSI dropping from the midline with the MACD negative. Look for a drop through support to participate…..

FedEx, Ticker: $FDX

FedEx, $FDX, comes into the week pressing against resistance. It has a RSI rising out of oversold territory and a MACD negative but rising. Look for a push over resistance to participate…..

Halozyme Therapeutics, Ticker: $HALO

Halozyme Therapeutics, $HALO, comes into the week making a 2 month high. It has a RSI rising in the bullish zone and a MACD positive and moving higher. Look for continuation to participate…..

Sealed Air, Ticker: $SEE

Sealed Air, $SEE, comes into the week pressing on resistance. It has a RSI moving higher and a MACD climbing but negative. 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 October options expiration and the height of earnings season, saw equity markets continue to look better to the downside.

Elsewhere look for Gold to continue its move lower while Crude Oil reverses the lower killing the short term trend higher. The US Dollar Index continues the trend to the upside while US Treasuries continue their downtrend. The Shanghai Composite has morphed to a short term trend higher in broad consolidation while Emerging Markets continue the long trend lower.

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

Chemed, Ticker: $CHE

Chemed, $CHE, comes into the week reversing after a quick drop from the start of October. The RSI is rising out of oversold territory with the MACD curling up towards a cross. Look for continuation to participate…..

Cognizant Technology Solutions, Ticker: $CTSH

Cognizant Technology Solutions, $CTSH, comes into the week breaking over resistance. The RSI is rising and bullish with the MACD crossed up. Look for continuation to participate…..

FedEx, Ticker: $FDX

FedEx, $FDX, comes into the week rounding up out of a bottom. The RSI is rising out of oversold territory with the MACD crossed up. Look for continuation to participate…..

Old Dominion Freight Lines, Ticker: $ODFL

Old Dominion Freight Lines, $ODFL, comes into the week at resistance. The RSI is rising in the bullish zone with the MACD crossed up and positive. Look for a push through to participate…..

Sealed Air, Ticker: $SEE

Sealed Air, $SEE, comes into the week pushing up towards resistance. It has an RSI rising through the midline with the MACD crossed up and climbing towards 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. 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 October options expiration in the books, saw equity markets showing signs of a rebound from an ugly 10 week stretch.

Elsewhere look for Gold to continue in consolidation while Crude Oil continues in an uptrend. The US Dollar Index continues its short term move to the upside while US Treasuries are in position to possible reverse to the upside. The Shanghai Composite looks to continue the broad drift sideways while Emerging Markets trend lower.

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

Amgen, Ticker: $AMGN

Amgen, $AMGN, started moving higher at the end of May ad reached a top in December. Since then it has been retracing that move. The RSI is now in the bearish zone with the MACD dropping and negative. Look for continuation lower to participate…..

Commerce Bancshares, Ticker: $CBSH

Commerce Bancshares, $CBSH, started a move higher in October that lasted until a top in early February. Since then it dropped sharply, bouncing at a lower low and then stalling at a lower high. It is heading lower again with a RSI turning lower at the mid line and the MACD also reversing down and negative. Look for continuation to participate…..

J.B. Hunt Transport, Ticker: $JBHT

J.B. Hunt Transport, $JBHT, started to move lower out of consolidation in February. When it broke below the 200 day SMA it accelerated to the downside and eventually made a bottom in mid-March. It bounced and stalled ending last week with a turn lower. The RSI is in the bearish zone with the MACD avoiding a cross up and negative. Look for continuation to participate…..

Mylan, Ticker: $MYL

Mylan, $MYL, moved sideways for nearly a year before dropping again in February. It made a bottom in mid-March and started to move higher last week. The RSI is rising out of oversold territory with the MACD crossing up, a positive momentum swing. Look for a push over resistance to participate…..

Sealed Air, Ticker: $SEE

Sealed Air, $SEE, started to roll lower in April and gathered steam to the downside as the calendar turned to 2020. It found support last week and bounced late in the week. The RSI is rising out of oversold and the MACD turning 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 with the calendar turning to spring saw anything but a refreshing new start in the markets with the worst week for equity markets since 2008.

Elsewhere look for Gold to continue its pullback while Crude Oil drops possibly into the teens. The US Dollar Index continues to shine as it moves to the upside while US Treasuries pause in their uptrend. The Shanghai Composite looks to possibly reverse the downtrend while Emerging Markets continue to move lower.

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

AIG, Ticker: $AIG

AIG, $AIG, broke over consolidation in April and continued to move to a top in July. It pulled back from there and began a consolidation against that high as resistance. It is back against that high with the RSI rising in the bullish zone and the MACD crossed up and positive. Look for a new high to participate…..

Alibaba, Ticker: $BABA

Alibaba, $BABA, made a high in May and then quickly reversed lower, to bottom at the end of the month. It bounce to resistance at one of the pause points from the path lower and then dropped back again. Now it has reversed and is headed back to resistance. The RSI is pressing against the edge of the bullish zone with the MACD rising and positive. Look for a push over resistance to participate…..

FMC, Ticker: $FMC

FMC, $FMC, started to move higher out of a pullback in May. It met resistance in August and pulled back to a low later in the month. Now it has reversed and is making a new high. The RSI is rising in the bullish zone with the MACD rising and positive. Look for continuation to participate…..

Sealed Air, Ticker: $SEE

Sealed Air, SEE, gapped higher in February and has done very little since. It topped in April and then pulled back to fill the gap and then bounced along support until late August. A false breakdown reversed and it is moving higher. The RSI is rising toward the bullish zone with the MACD crossed up and moving higher. Look for continuation to participate…..

Walmart, Ticker: $WMT

Walmart, WMT, has trended higher since December. It had a consolidating pullback that bottomed in August and since then it has moved back to new highs. It has an RSI rising in the bullish zone with the MACD positive and moving up. Look for a new high 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 September Options Expiration and the FOMC meeting sees the equity markets showing strength, but building that wall of worry as they sit at prior highs, not breaking through them.

Elsewhere look for Gold to pullback in its uptrend while Crude Oil consolidates in the drift lower. The US Dollar Index is also continues to drift to the upside while US Treasuries continue lower. The Shanghai Composite is pausing in its new move higher while Emerging Markets look to continue higher.

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

Adobe, Ticker: $ADBE

Adobe, $ADBE, rose from a December low and met resistance in the end of April. It pulled back, consolidating the move, to a low at the end of May and then reversed. The move higher plateaued in July and it has pulled back again in August. The RSI is stalled and running flat as the MACD is avoiding a cross up with price on support. Look for a break down to participate…..

Amgen, Ticker: $AMGN

Amgen, $AMGN, bottomed in May after a break of support. It stalled on a move higher in early July and reversed to a higher low. It came back to retest resistance and then moved higher after a brief digestion. Since then it has consolidated but Friday fell back hard to support. The RSI is pulling back from overbought with the MACD about to cross down. Look for a break of support to participate…..

CBOE, Ticker: $CBOE

CBOE, $CBOE, has risen steadily out of a base ending in April. It has had a couple of consolidative pullbacks along the way to the current peak. As it sits on support the RSI is pulling back in the bullish zone with the MACD crossed down. Look for a break of support to participate….

Walt Disney, Ticker: $DIS

Walt Disney, $DIS, gapped up over resistance in April and rose to a peak. It could not hold and pulled back to support for the month of May. Another push higher made a higher high, but this also did not hold and it is now back at support. The RSI is into the bearish zone with the MACD failing to cross up. Look for a break of support to participate…..

Sealed Air, Ticker: $SEE

Sealed Air, $SEE, started higher in October and stalled into November. It pulled back to a higher low and reversed in December leading to a top in April. It pulled back from there and has been bouncing over support since. The RSI is falling in the bearish zone with the MACD falling and negative. Look for a continued drop through support 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 last week of August sees the equity markets have taken another body blow and are back at support.

Elsewhere look for Gold to continue in its uptrend while Crude Oil continues to move lower. The US Dollar Index looks to continue to drift higher while US Treasuries are pausing in their uptrend. The Shanghai Composite is giving a short term reversal higher while Emerging Markets continue to the downside.

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

Glu Mobile, Ticker: $GLUU

Glu Mobile, $GLUU, started higher out of consolidation in April. It pulled back from atop in June to the 100 day SMA and bounced. Then it made a higher high in August before a second pullback, this one through the 100 day SMA but to a higher low. Another move higher and it is bouncing off of resistance in consolidation. The RSI is rising into the bullish zone with the MACD positive and crossing up. Look for a push through to participate higher…..

Intercontinental Exchange, Ticker: $ICE

Intercontinental Exchange, $ICE, moved higher along trend support from February until it broke it to the downside this month. That break found support and reversed last week, and is now back at the trend line. The RSI is bouncing but in the bearish zone with the MACD turning up. Look for continuation to participate higher…..

Sealed Air, Ticker: $SEE

Sealed Air, $SEE, moved lower out of consolidation in August. It bounced and tested the 100 day SMA in September and then dropped to a a new low at the end of October. The bounce from there made a lower high and it pulled back into December. This time it found a higher low and it has been consolidating since. The RSI is knocking on the mid lien with the MACD about to cross up. Look for a break of resistance to participate…..

Atlassian, Ticker: $TEAM

Atlassian, $TEAM, peaked at the end of September and pulled back to the 200 day SMA. it bounced and then broke the 200 day SMA before a move higher at the end of November. The pull back from there found support at a higher low and it reversed. Sitting at the November high, the RSI is rising into the bullish zone with the MACD crossed up. Look for a move over resistance to participate…..

Winnebago, Ticker: $WGO

Winnebago, $WGO, started lower from a June spike and continued into the middle of December. It bounced from there, stalling at the 20 day SMA and consolidated. It ended last wee drifting up to that resistance again. The RSI is pushing above the mid line with the MACD rising. Look for a push over resistance 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 with one trading day left in the year sees equity markets putting in a strong case for a reversal this week. They are still a long way from confirming a bottom though and not just a bear flag build.

Elsewhere look for Gold to continue in its uptrend while Crude Oil may possibly pause in the downtrend. The US Dollar Index continues to consolidate sideways while US Treasuries pause in their uptrend. The Shanghai Composite and Emerging Markets continue to show an easier path to the downside.