FFIV changed its position during the last few days. It indicates the possible return into an uptrend.
I plan to buy this stock at 90.39 when it clears resistance at the 90 USD, Stop loss under the breakout point at 88.99 and my target is near 98 USD.
KRE – Regional Bank ETF moved strongly up. Now it rests. The trend is strong and if the momentum will continue it can move up another two or three points.
The entry point for this setup is above 41 at 41.13, stop loss at 40.61 and target area is near 43.
If you have already opened position in KRE you can use this setup as an opportunity to add into already winning position.
XRAY presents possible breakout trade opportunity
I want to buy this stock if it moves above the 49.15 USD with a stop-loss at 48.40. The target area is near 52 USD.
Bullish ETFs:
FDN, IGV, IAI, IAT, IYJ, SEA, NIB, EWG
Bearish ETFs:
GDX, GDXJ, ICF, IYR, SIL, TAN, DBC, DBP, GLD, PALL, PPLT, SLV, EEM, TUR, EPHE, EWS, IDX, THD, ECH, BRF, GUR
S&P500 keeps its uptrend after a pullback from major 50day moving average
Commodities in a range with negative outlook
Emerging markets in a range with negative outlook
I think that if the strong move SCTY did yesterday will continue, it can easily move to new highs at 67 and 70 USD levels.
Several stocks finally broke above their resistances after the FED meeting
Right now I have bullish positions in CMLS, SSTK, HOT, DOX and SCTY.
I have KRE in my list of bullish ETFs and it prepares for possible breakout from this chart pattern.
My entry point is at 40.15 USD with a stop loss under 39.72 and I plan a target near 41.80 – 42.00
I monitor DOX . I think it can break higher. I want to buy it above 40.78 with a stop at 40.36 and target under the 45 USD.
Bullish ETFs:
FDN, QQQ, UNG, IAI, IAT, ITA, KBE, KRE, NIB, EWM, CQQQ
Bearish ETFs:
COPX, FAN, GDX, GDXJ, ICF, IDU, IYR, SIL, CORN, DBA, DBC, GLD, PPLT, SLV, EPHE, EWA, EWS, IDX, TAO, THD, EWD, EWI
IAI – a US Broker dealer ETF – offers breakout trade setup. I plan to buy it above 37.72, with a stop loss at 37.40 and target levels near 40.50
Recent pullback released a little bit of hot air from markets. Situation moved into more neutral and also significantly showed strongest and weakest part of the market.
S&P500 is in a neutral position. Price is caught in the support area of both major moving averages. The Nasdaq 100 is in a slightly better position.
Commodities have turned bearish again and Emerging Markets are nearing the support level of their current trading range.
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