Hey, team. As you already know, oil will be front and center this week. Keep and eye on the dollar, as well. Until Thursday’s economic data, the dollar and oil will likely shape the markets.
Here are the latest additions to the Watch List:
check the list for possible entry points
AMAT – Looking for a test of recent highs. Long above
PCLN – testing recent highs. good looking volume.
JNPR – JNPR has been testing horizontal resistance for a while. Looking for a break.
HYC – Looking for next step up
DBLE – I live the volume Friday. Might be getting through this pennant.
TGA – I like the bounce off SMA100 Friday. Could continue move back up to 20.
ATML – If SMA50, could be worth a look for bounce trade. Will look for entry over sma10
EMC – Nice consolidation that could breakout soon. Clouds are possibly back.
ADM – Ags are a little tricky right now, but this is one of the better looking of the group
RTN – Looking for move through horizontal resistance.
PUDA – With some volume and move through SMA50 on the daily.