Breakout Day for the $RUT
The Russell 2000 Index ($RUT) fell asleep at the wheel last week, but developed an incredibly tight 4-day range in the process. This range could pave the way to the next major breakout opportunity ahead. Here’s why..
Breakout Ahead for Natural Gas
The Natural Gas futures contract has been on a bearish tear lately, dropping steadily from the $4.80 level down to the current area of $4.30. However, the commodity is now winding up for another potential breakout opportunity, which could spark the next big move. Here’s why..
$CME is Ready for Another Breakout
CME Group ($CME) has made a great run from support after my recent blog post entitled “3 Stocks to Watch”, rallying nearly 15 points in the last few sessions. The stock is now winding up for another breakout opportunity. Here’s why..
Action Levels for the ES for 7/20
The ES played extremely well off our Action Levels yesterday, as two decent sell opportunties led to moves of 12 and 9 points. Given yesterday’s relatively quiet trading day, we could see another explosive breakout/trend day upon us. Let’s take a look at the levels to watch for today’s trading.
3 Reasons to Watch Amazon
Amazon.com ($AMZN) looks like a stock to watch for a potential breakout ahead. I’ve got three reasons why this stock could be ready for a very nice breakout opportunity.