US equities are choppy, if still clawing upward. Natgas prints psy’ $3.00.
sp’60min
VIX’60min
Summary
With a marginally higher low, structure is now offering a multi-day bear flag. Natural target would be a test of key support around 5700. There is a viable daily H/S (will highlight later), that’d offer basic downside to around 5400. Geo-pol concerns would be a prime excuse.
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notable stock: NVDA
Earnings due Wed’ AH should be good with a positive outlook.
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notable trans: UAL
Nearing the hist’ high of $97.85 from late 2018.
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notable strength: NFLX
Yet another new hist’ high. FPE 36s… is pricey.
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notable miner: UEC
As Uranium remains pretty hot!