Originally posted at Capitalstool.
Bulls won yesterday’s screen game by 27 to 8. One of the short term sell signals was an inverse ETF, so that went into the bulls column. This compares with Friday’s 153 to 8 bull surge, which suggests a new bull swing phase.
The 5 day total is 241 buys to 97 sells, a spread of +144. That’s up from +99 yesterday.
I screen all stocks and ETFs from the NYSE and NASD, excluding those with less than an average of 1 million shares per day traded, and selling for less than $6 per share. The table below shows swing trade buy signals and sell signals from yesterday’s action. The numbered columns represent the time frame of the support or resistance trend around which the signals were generated.
Here is today’s output. The number 1 indicates that the condition is true. 0 is false. The numbers on the right half of the chart represent the time frames in days of the support or resistance areas where the signal was triggered.
Symbol | Buy | Sell | 500 | 200 | 125 | 50 |
SGOL.K | 1 | 0 | 0 | 1 | 0 | 0 |
AMZN.O | 1 | 0 | 0 | 1 | 1 | 0 |
GOLD.K | 1 | 0 | 0 | 1 | 0 | 0 |
BHC | 1 | 0 | 0 | 0 | 1 | 0 |
BB | 1 | 0 | 0 | 1 | 0 | 0 |
COG | 1 | 0 | 0 | 0 | 0 | 1 |
PRTS.O | 1 | 0 | 0 | 1 | 0 | 0 |
CXW | 1 | 0 | 0 | 0 | 1 | 0 |
CRON.O | 1 | 0 | 1 | 0 | 0 | 0 |
ETRN.K | 1 | 0 | 0 | 1 | 0 | 1 |
FBC | 1 | 0 | 0 | 0 | 0 | 1 |
HTHT.O | 1 | 0 | 0 | 0 | 0 | 1 |
HGEN.O | 1 | 0 | 0 | 0 | 1 | 0 |
HYRE.O | 1 | 0 | 0 | 0 | 0 | 1 |
PGX | 1 | 0 | 0 | 0 | 1 | 0 |
IJR | 1 | 0 | 0 | 0 | 0 | 1 |
IWM | 1 | 0 | 0 | 0 | 1 | 0 |
MNST.O | 1 | 0 | 0 | 0 | 1 | 0 |
PVG | 1 | 0 | 0 | 0 | 0 | 1 |
PSEC.O | 1 | 0 | 0 | 0 | 0 | 1 |
ST | 1 | 0 | 0 | 0 | 1 | 0 |
GLDM.K | 1 | 0 | 0 | 1 | 0 | 0 |
XRT | 1 | 0 | 0 | 0 | 0 | 1 |
SURF.O | 1 | 0 | 0 | 0 | 0 | 1 |
TCOM.O | 1 | 0 | 0 | 0 | 1 | 0 |
UA | 1 | 0 | 0 | 0 | 0 | 1 |
CARG.O | 0 | 1 | 0 | 0 | 1 | 0 |
CLVT.K | 0 | 1 | 0 | 0 | 1 | 0 |
TECS.K | 0 | 1 | 0 | 0 | 0 | 1 |
FOXA.O | 0 | 1 | 0 | 0 | 0 | 1 |
EWY | 0 | 1 | 0 | 0 | 1 | 0 |
EWT | 0 | 1 | 0 | 0 | 1 | 0 |
MFC | 0 | 1 | 0 | 0 | 0 | 1 |
PRGO.K | 0 | 1 | 0 | 1 | 0 | 0 |
PHYS.K | 0 | 1 | 0 | 1 | 0 | 0 |
Totals | 26 | 9 | 1 | 9 | 13 | 14 |
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 using your own charts. Feel free to post your charts here with comments.
Every weekend I use the previous week’s screens to select charts that have potential for a move, and I post them for subscribers.