We should gain more insight on Thursday as to how the market truly feels about the end of QE, and other aspects of the Fed’s statement on Wednesday.
So, let’s stay nimble and prepared, and go with HUN as a short setup into further weakness, seen bear-flagging on the first daily chart, below–Chemical names have been under pressure of late, as a group.
And on the long side, if JWN can clear $72 above it can be seen as one of the better base breakout setups in the tape, from that tight sideways consolidation seen on the second chart.
Drop me your top tickers overnight
_____________________________________________________________
_____________________________________________________________
If you enjoy the content at iBankCoin, please follow us on Twitter
LULU, UA, BALT, HCLP, and BAS. Any thoughts? Thanks chess!
is HUNG OVER a ticker? 😉
Short EUR.USD
WTF is the bull case? Grandma just fucked the long only’s big time. The election is the one thing that can keep this pig afloat for a few more days. After that. What?
What’s up with SLCA? Any thoughts on MYGN going into earnings?