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A lot of developments are underway in the US crude oil futures (CL) market right now… After breaking below its up trend line in early July, the market is now moving higher again. The CL was up over 4% on Friday and is prepared to test the underside of that up trend line. So, today, …
The post Checking in On Crude Oil appeared first on Josh Daily Direction.
The crude oil (CL) futures market is currently setting up for a potential downside move. After hitting resistance at the top of its hourly down channel, the market had a bearish reaction and started moving lower again. It has also made a counter trend line break bearish, which gives us the confirmation we have been …
The post Where is Crude Oil Headed This Week? appeared first on Josh Daily Direction.
I share my top trade setups whenever I have a big, new idea for the market… And to invite global comments, I provide the core chart and discussion on my TradingView page right here. This week, the Russell 2000 futures market (RTY) is positioning for a potential drop back into the sell zone, which could …
The post This Week’s Idea for Russell 2000 Futures appeared first on Josh Daily Direction.
I’m elated to announce that my wife gave birth to our daughter last Sunday. So far, she seems to be the good luck charm this market desperately needed. Last week, the S&P 500 saw two 90% up volume days, a valid follow-through day and a bullish break of the recent swing high. It also reclaimed …
The post Watchlist Update: Market Action Points to More Upside Ahead appeared first on Stock Surge Daily.
Enphase Energy, Inc. (Long Idea) I have been talking about the strength in solar stocks for several weeks now, and Enphase Energy, Inc. (ENPH) is one of my favorites. Surge score: 98/100 % Above 52-wk low: 93% Sales growth: +46% Return on Equity: 74% Triple momentum: yes The stock is completing a textbook breakout pattern, …
The post Watchlist Week of July 25th, 2022 appeared first on Stock Surge Daily.
Forget the Magnificent 7 – these 3 stocks are poised for HUGE moves in the next leg of the AI boom. Wall Street veteran Ross Givens just revealed the details…
What’s Tech Been Up To Lately?
It’s been a while since we last looked at the technology-heavy Nasdaq 100 Index (NQ) futures market. The long term market direction remains to the upside, but the shorter term time frames are pointing lower. There is currently a short term up trend line on the daily time frame, which if broken could lead to …
The post What’s Tech Been Up To Lately? appeared first on Josh Daily Direction.