IBM
->big gap after earnings, which found more initiative sellers during Friday. the highest volume seen in a while!
->potential demand around 185$ area.
MSFT
->another gap after earnings, with some degree of hidden sellers.
->watch closely 30.20$ area for more clues, chances for a nice potential trade are significant.
YHOO
->we are in the biggest down wave since we started the up trend, this could imply a potential reversal or maybe just a retracement which implies a continuation up. either way once it clears, it's a nice trade opportunity.
GLD, SLV
->bot had a very large down moves, the one in gold was the biggest in last 30 years.
->both days was testing on Friday for any sellers left and if this is confirmed next week we could see a nice up retracement, helped by the short covering which will be triggered.
SPY, IWM
->both emini S&P and Russell ETF's are at demand area and could be a nice opportunity but for relatively low period of time, considering the context we are.
UNG
->i keep watching to sell the gas but i didn't get any confirmation when weakness appeared and frankly in don't get based why price keeps continues to trade up.
USO
->we are at long term demand area and we saw some buyers stepping in last week.
JCP
->another stock with nice up side potential, i look for that to confirm next week.
->big gap after earnings, which found more initiative sellers during Friday. the highest volume seen in a while!
->potential demand around 185$ area.
MSFT
->another gap after earnings, with some degree of hidden sellers.
->watch closely 30.20$ area for more clues, chances for a nice potential trade are significant.
YHOO
->we are in the biggest down wave since we started the up trend, this could imply a potential reversal or maybe just a retracement which implies a continuation up. either way once it clears, it's a nice trade opportunity.
GLD, SLV
->bot had a very large down moves, the one in gold was the biggest in last 30 years.
->both days was testing on Friday for any sellers left and if this is confirmed next week we could see a nice up retracement, helped by the short covering which will be triggered.
SPY, IWM
->both emini S&P and Russell ETF's are at demand area and could be a nice opportunity but for relatively low period of time, considering the context we are.
UNG
->i keep watching to sell the gas but i didn't get any confirmation when weakness appeared and frankly in don't get based why price keeps continues to trade up.
USO
->we are at long term demand area and we saw some buyers stepping in last week.
JCP
->another stock with nice up side potential, i look for that to confirm next week.
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