Market showed signs of sector rotation Friday as we saw money beginning to come out from tech names to other sectors like financials , energy, travel related names etc. SPY looks good for a breakout from range. Hopefully rotation from tech name will help SPY to move higher.
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Here is the watch list and game plan:
[caption id="attachment_59774" align="alignnone" width="800"]
RCL Supposed break down but didn’t so a squeeze might be brewing here.[/caption][caption id="attachment_59779" align="alignnone" width="800"]
SHLL Watching back over 28 for a pop.[/caption][caption id="attachment_59775" align="alignnone" width="800"]
UAL Supposed break down but didn’t so a squeeze might be brewing here.[/caption][caption id="attachment_59778" align="alignnone" width="800"]
FMCI Still in a coiling pattern. Worth stalking.[/caption][caption id="attachment_59776" align="alignnone" width="800"]
LCA Watching back over 14.50 for a pop.[/caption][caption id="attachment_59777" align="alignnone" width="800"]
INO 25 is a spot whenever it decides to go.[/caption][caption id="attachment_59772" align="alignnone" width="800"]
NARI IPO breakout at 54.85. Thin stock.[/caption][caption id="attachment_59773" align="alignnone" width="800"]
XP Basing for another move higher. Swing setup.[/caption]
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