Ready To Run
Todays report is simply to discuss stocks that look ready to run. Tuesday, while looking at the S&P 500, we saw a reversal. We also saw a reversal in many of the stocks that I had been eyeing, so let's take a look at the the markets and some of those stocks.
This was from yesterdays report. It was bullish overall, because we were locking in a right translated daily cycle, but I was also expecting a dip into the daily cycle low. In the weekend report, I pointed out the 50sma as a possible target for that drop.