Monday, June 14, 2010

6/14 - morning scan


  • financial stocks weak
  • some stocks broke trendline today and if closes here, many will even break 2x bottom's neckline
  • many pullback patterns are null and look like bottom patterns into wave 2
  • many symmetrical triangles drawn are breaking out to the upside, not down
  • more and more 2x bottom breakouts
  • more than 10 stocks at new 6 month highs
  • if and when financials pull itself together today, we will get a nice triple digit rally

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