SunTrust Banks ($STI) has been trading range bound the last four months of trading and is now sitting just below the upper boundary of the range. Interestingly, multiple Inside Day relationships have also formed, which means we could see a major breakout opportunity ahead for this stock. Check it out..
We all know 1,130 has been a killer resistance level in the S&P 500 ($SPX) the last four months, but the underlying importance of this level may be bigger than you know. Check this out..
CME Group ($CME) has made a great run from support after my recent blog post entitled “3 Stocks to Watch”, rallying nearly 15 points in the last few sessions. The stock is now winding up for another breakout opportunity. Here’s why..
Amazon.com ($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.
I wrote about the $VIX Reversal Signal in my June 30 entry entitled “Follow the $VIX”. So far, the $VIX Reversal Signal has been money…but so has the H&S fake breakout I diagrammed on the S&P 500!
