Struggling To Get On The Other Side

 

 

 

 

 

Since the trendline break to start the month of November, the SPX has yet to bounce back to the other side. That same trendline now acts as resistance and a likely target on this next push higher:

I’m looking for more strength here, but only see about 20 points of upsdie left in the tank. Setups are still plentiful, and there are still plenty of actionable setups left to trade, but on this next push higher I will likely take off some of my longer term swings.

Here are some tickers I’m currently watching: ADTN, BG, HAL, IMAX, LULU, MU, P, PCX, SONS

If you enjoy the content at iBankCoin, please follow us on Twitter