A Few Charts

Normally, I don’t really track the SP500 or indices and prefer to trade individual names but the highs and other data I talked about in this weeks report have me interested for my short-book and I talked about this in the Sunday report 41, “Everybody is a Genius in a Bull Market”. The move Friday really changed the price-action on the indices and then the gap up, break down Tuesday morning and then rally have shifted things a bit as well so I wanted to go over some quick price-action notes this morning for readers.

From Issue 41

I am going to just cover the $SPY ( ▲ 0.44% ), $HOOD ( ▼ 0.59% ) and WTI Crude/Energy which I also highlighted Sunday in a few key notes.

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