Here's what I'll be watching tomorrow:
RIMM looks to be setting up nicely here.
XLE testing an upward base. Be on guard for a momentum divergence. Price has come pretty far pretty fast and left some untested ground beneath it in the form of that gap up.
XLF; that upward trend has been pretty steep (at least it tested Tuesday's gap for buyers, unlike XLE) . Looking for a blow-off momentum thrust upward. Keep an eye out for a momentum divergence to bring prices back to the 20-EMA (on the 30-min chart below).
No comments:
Post a Comment