lunedì 28 aprile 2014

Big Names Trending in our April 28 Intraday Trading Update

https://farm8.staticflickr.com/7338/14048947482_3e1ebd8d37_b.jpg

As you know, I post a mid-day stock market breadth and trending stock scan each day.  Today’s “intraday trend” scan returned some leading stocks which give interesting opportunities to play additional trend day continuation set-ups (such as retracements) in big-name stocks.Let’s jump right into our mid-day update and learn which stocks are our top trenders and what Breadth suggests about the rest of today’s session.We’ll start with a snapshot of the S&P 500 intraday structure:So far we have a “Rounded Reversal” or intraday reversal down against the 1,875 higher frame reference level after initial morning strength.Note the divergences both at the session high and current session low into 1,862.Our pivot-points going forward will be the “flag” trendline intersecting the 1,864 …


Read More: Big Names Trending in our April 28 Intraday Trading Update

Nessun commento:

Posta un commento