The strength in the Dow and the S&P 500 continues to make candlestick pattern breakouts producing very good profits. The transportation index also is producing sectors creating good profits. Although the NASDAQ traded positive on Friday, it still closed below the T line as a Doji-type day. This would allow for the prospects of the high-tech stocks still maintaining good short profitability. There are a good number of fry pan bottom patterns in the breakout mode.JBL is producing a scoop pattern set up, this would imply a positive open on Monday producing a strong bullish move.
The mining stocks, gold, and silver, copper, steel, and iron, are all producing strong bullish patterns.TRQ, TGB, KL, CLF, SA, KGC. Copper stocks, FCX, SCCO, COPX.
Regional airlines are producing good bullish patterns, AZUL, GOL, FWRD, CPA. The steady market uptrend allows for simple scanning to find the strong stocks and sectors. A great learning high-tech product is our mousepad with 12 major signals. Keep the graphics of candlestick signals at your fingertips. Click here to view our mousepad product.
