JP Morgan Co JPM Stock Chart 9.12.19 Financial stocks are “catching a bid.”JPM, GS and C have traded into solid momentum and looking to confirm bullish order flow.JPM looks to have the greatest potential as it nears multi year highs. I am game planning for it to crack the $117 level and then wait for […]
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SPY ETF 9.11.19 Our prayers go out to everyone we lost and their families on 9-11.The SPY ETF formed a swing high yesterday, typically a signal for a bearish reversal. A setup that would imply profit-taking from the recent bullish momentum. But, you can’t be a seller at all-time highs, unless you are trading on micro […]
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WEN Wendys Co Stock Chart 9.10.19 Wendys (WEN) has set up a perfect order flow buy signal. A bullish gap in August followed by a momentum move that paused at significant resistance. Then exploded to new highs with the majority of the days closing above the open (showing institutional support.)After the stock exhausted itself we now […]
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