Garner
LiferTracks posted an update 2 years ago
Here are the tickers I’m watching this week. I’m not prepared to catch any falling knives. It’s quite possible it will be a week or two before these are ready for me to enter. I want to see support under them, multiple timeframes showing signs of movement, and a higher low before I’m ready to enter.
CCJ
HON
TGTTracks posted an update 2 years ago
The SPY move yesterday brought it almost to the 100% extension of Wave 1. We’re in a good area for SPY to pullback for Wave 4 now, if it’s going to follow the ideal trend (the market is rarely ideal). Job numbers may be a catalyst this morning, with resistance above at 456.80, 457.60 and 461.30. The ideal retracement before the next leg…
Tracks posted an update 2 years ago
I just realized that I was watching TGT for something else and accidently added it to this week’s watchlist on the bearish side. TGT should NOT be on this list.
Tracks posted an update 2 years ago
SPY gapped down this morning, getting into the high side of the $462 area. The updated support target is 461.25 now. From here it can really go either way. A bounce would still be in the ideal range for another leg up, while breaking below $458 would signal a potentially bigger move down, following the current trend. As I take trades today,…
Beau, MountainViews and 3 others1 CommentThanks for the analysis, Tracks! Love your posts!
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