Thursday, June 17, 2010

6/17 - morning scan


  • banks - mainly still lower highs as it is making nice pullback patterns near confirmation, some already conformed
  • most popular pattern today is pullback comfirmed bearish pattern
  • the rally this month looks lie the start of a reversal for many stocks but also looks like just another lower high and lower low for many others...very few highs or near highs...but also few near the lows too...we are in middleground...can go either way in next few days to weeks...tough spot...
  • need to be super selective with stocks

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