Bulls took yesterday’s screen game with 17 buys and 12 sells.
This is swing trade buy signals vs. sell signals from yesterday’s action.
These are very low numbers. The market is apparently riding the residual momo from the 58-16 bull win from Monday’s action. And that could be a second wind off the thrust of the 155 buy signals that started the 6 month cycle up phase back on March 28. That was the Big Kahuna.
This is raw data. These are not recommendations. They represent charts that have triggered short term signals near key cyclical support or resistance levels. Pick through these and see if there are any that you like from your own charts. Feel free to post your charts here with comments.
You can see which ones I actually pick each week by subscribing to Technical Trader.
Here is today’s output.
Now, let’s go to the films. I report, you decide. These are not recommendations, simply charts that I find interesting. Buy or sell? You tell me!
The charts are really boring today. Nothing stands out. Everything looks like it could go either way.
Meanwhile there’s a plane over my neighborhood that keeps buzzing us. It’s nerve-wracking. 😠😠