PivotBoss Report for 01/20/12

January 20, 2012 in PivotBoss Report

Now that the Dow has finally gotten a solid breakout from the 2-week trading range that we’ve been following, we’re likely to see more price discovery above. Here’s the target to watch for.

Foot Locker is a Buy

December 22, 2011 in Analysis

Foot Locker has been trending quietly higher within an established channel over the last five months, allowing for great entries along the way. This could be one of those opportunities. Here’s why..

Analyzing the E-Mini Russell 2000

July 16, 2010 in Analysis

The E-Mini Russell 2000 is giving me conflicting vibes about future direction. While lower timeframes indicate a downside reversal to come, the daily chart suggests a little more upside could be seen. Let’s take a look.

Has the Russell 2000 Found Support?

July 2, 2010 in Analysis

The major market indexes have been testing price levels below critical support areas over the last two days, but some indexes are beginning to show signs of life – including the Russell 2000 Index. The $RUT has high concentrations of support confluence that could lead to a big bounce in this index. Let’s take a look!

3 Reasons to Sell $CME

June 22, 2010 in Analysis

The CME Group ($CME) has been a great swing trading stock lately, offering amazing moves in a matter of days. As I see it, this stock could be headed for another 20-point drop. I’ve got three reasons why.