$STEM Insane run today, on watch for tomorrow into resistanceThis stock definitely made some people sweat today after running 600% and being halted many times. This washed out after the market closed, so after open tomorrow morning I'll be watching for any spikes into whole or half dollar resistance levels.
Exchange
Index of Italian Market (MIB) created a downtrend before BREXITMIB shows signs of a downtrend (again). Around 17300 we expect a rezistance with higher volatility due to BREXIT.
INDEX:MIB [/symbol
MIB is mainly driven by low-quality titles from the bank sector.
We expect reaction to the downside with quite interesting RRR of almost 3.
More you can find and learn free on UncleTrader.com .
A NYSE PICKThis has a very long base, starting a J hook pattern.
The MACD has crossed.
The CCI and %R are near the top.
Relative Strength is strong,
Money Flow is strong.
On weekly: The bollinger bands have narrowed and the cloud is at the $13 range.
Buy our book: pennies to thousands and you'll also see my explanations on my Youtube channel with the same name.
Cypher Pattern ,USD Index, 1hr Here we see a solid Cypher pattern on the dollar index. the reason i have elected this trade is because the cypher pattern here suggests the market will complete the larger crab pattern on the daily chart.
I believe that this completed cypher pattern will rally short all the way down into the 1.618 extension of the BC leg.
I have placed my entry at the lowest high of the cypher pattern, my stop is placed at the highest high of the pattern, and my limit is placed at the 1.618 extension.
The big picture here is a retracement down into around 89.2 and then a reversal to continue in an uptrend. but short term, we can make a few bucks on the way down.
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Thanks again and Good Trading
