Huge week could go either way, betting on the downside.
Healthcare has been a safe bet this past year and is starting to look weak across the board. The sector is usually defensive, but it feels overbought. Should see continued selling. Short term PT: $320
Exxon looks to break through resistance and continue onto new all time highs. Oil has been on a down trend and the chart looks horrible, but that hasn't affected oil stonks in the slightest. Look for much higher here 125 + end of year.
One of my favorite long term holdings is looking to trade lower.
SPY looks pretty prime about to dump, but at what cost?
This market is ready to take another leg down. There's one stock that hasn't felt real pain yet. Yes, I'm talking to you TSLA, time to DIE.
Natural Gas playing out perfect IHS, $12 should come shortly.
Similar to 08 - Oil, best play in the market. Safe Plays: -OXY -UCO Riskier Plays - leveraged ETF's: -GUSH 2x -NRGU 3x -OILU 3x
Disney really looks like one of ugliest charts on the DJI, but it's close. Hard to say this goes much lower because you simply cannot fade MR. Mouse and it's fundamentals.
Really don't see how you can fade this chart rn, vastly similar to $NOW.
This stonk has been holding up for some time waiting on news that will please big investors. Only down 50% from ATH I can see some hope here, opened up some longs at $99. Small probability this follows many of it's predecessors and goes down another 50%. Know when to flip short.
I'm expecting Nasdaq 100 to bounce tomorrow, but if it falls see support at 320. Anything below QQQ 320, we may see major correction, but I doubt it in this roaring 20's generational bull market.