The market is at the top of its channel and a bit extended. Longs should be a little bit cautious here. Ideally we need to rest before we breakout if we want to get the next leg up. For more market commentary check out kunal’s video from last night here. We ended the day up $346 dollars on the day.
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SPY- extended and top of the channel
DANG- breakout watch
TSL- breakout watch, solar name that is flagging
XOOM- breakout watch
KNDI- breakout watch
ICAD- if market rolls over this could be a good short