Set-ups

This will be an interesting week. It’s all about equities and whether they will further break down out of the Anti set-up. I see a high probability and will enter aggressively short on further deterioration. I don’t see much edge to pick any particular stocks. The weakest group is probably the financials, so not sure yet wether to enter either ES Futures or $XLF ETF.

I will stay on the sidelines for long entries until the big picture resolves into either reversal or oversold, but the situation helps to find the really strongest candidates holding up in their bullish patterns. Further below a few I like most.


$XLF – Anti ShortSPDR - FINANCIAL.png


$EURNZD – Anti LongNZD.png

Maybe a few days to early yet, but seems the only interesting FX set-up at all.


$HE – BO LongHAWAIIAN ELECTRIC INDUSTRIES.png


$CVCO – PB LongCAVCO INDUSTRIES INC..png


$EPAM – PB LongEPAM SYSTEMS INC..png


$DRI – PB LongDARDEN RESTAURANTS INC..png


$PCH – PB LongPOTLATCH CORP..png


$SNI – PB LongSCRIPPS NETWORKS INTERACTIVE.png

 

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