Actionable Trading Ideas

08:04:44 CAT: A gap higher with our selling zone @ 155.64-159.80.  A CLOSE above 159.80 would be bullish. if early gains fade... I would make some sales below 159.80. 

08:06:58 MMM: The 20 WMA @ 204.91 and MMM has not closed below since Jan 2016. 

08:09:01 KO: Bounce levels are:  44.64, 200 DMA @ 45.36 with selling zone @ 45.40-46.17 

08:10:08 UTX: 50 DMA @ 127.38, Selling zone @ 129.95-132.14. A CLOSE above the 20 DMA @ 124.10 is bullish with the 200 DMA @ 123.12 below. 

08:41:10 FIBOCALL: The S&P futures with 2 selling zones

The S&P futures is INSIDE our shorter-term selling zone @ 2679.70-2709.60 with the 50 DMA @ 2692 inside the zone NOW.

The S&P futures also has the longer term selling zone @ 2711.60-2750.70 above.

No long-term signals in place at this time.

I am looking for the longer term selling zone to be tested, but I will advise by (9:45AM)

if a short-term overbought condition is triggered, as some short-term traders may want to make some sales.

I will advise IF short-term support if that occurs. 

08:48:11 CMI: 200 DMA @ 167.87 has been holding recently. A close below has the 20 DMA @ 162.93. Our selling zone remains @ 174.38-179.06

08:49:39 QSR:  Poised to open higher. I need a close above the 20 DMA @ 55.85 to buy any. Close above 56.82 to add

08:51:08 ZION: The upper end of our ST selling zone @ 54.83 and a close above is bullish and can be long. 50 DMA @ 53.97 below. The 3/12 high @ 57.29 is above.

08:52:58 INTC: Our bounce zone @ 50.83-49.98 is below. I am an LT holder in INTC and holding 49.98 is bullish. The 4/18 high @ 54.36 is above.

09:08:40 WHR: A close above first bounce level @ 155.47 is ST bullish. I would want to see a close above 50 DMA @  158.59 to get long. Our selling zone @ 166.53-171.47 with the 200 DMA @ 169.81

09:09:44 WFC: First bounce level @ 52.86 and close above to buy/add. 20 DMA@ 51.89 below as support. 50 DMA @ 55.15 and selling zone @ 55.76-57.06

09:10:57 PHM: Gap higher.  Our selling zone @ 31.52-32.40. Holding the 50 DMA @ 29.34 is needed to be bullish.

09:11:41 LLY: Selling zone @ 81.01-82.74 with 200 DMA @ 82.25 inside the zone

09:12:54 TRV: Our bounce zone @ 132.16-127.81 with 50 DMA @ 131.66

09:13:21 VZ: Selling zone @ 50.48-51.50

09:15:29 HD: 50 DMA @ 178.98 and first bounce level @ 179.20. A close above is bullish. 184.63 and then our LT selling zone @ 189.01-193.40

09:16:43 LOW: Held the 4.2 low @ 83.08 but has the 20 DMA @ 86.38 above. A CLOSE above needed to add to longs.

Disclaimer: As a subscriber, you understand and agree that no content published on THE FIBOCALL LLC website “known as “FIBOCALL” or any e-mail transmitted by FIBOCALL constitutes a ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments