TRADES

Today's dominant Price/Volume relationship was the most bearish, close up/ volume down.

Earlier today TICK volume hit -1500 which doesn't happen too often, yet we saw a marginally higher close. 

As of now, and as I showed you earlier today, the Euro is moving up, FXE had positive divergences which makes sense with the continued move up in the euro after the market close. Should it continue higher, we should see a gap up in the a.m. and some early strength, what happens next will be hard to say, but the Price/Volume reading wasn't one to get excited about as a bull. 

Below are some trades to take a look at.

RURL Short- watch for a gap up in the morning and a close down, at tht point it is worth a shot on the short side with a stop @ $14.95

The last 3 days have seen diminished momentum on high volume, or churning/distribution with today forming a shooting star reversal candle.

The chart above shows the same thing, distribution over the last 3 days. This is more of a swing trade, but possibly a parabolic move for quick, decent size gains.

MGLN- Short sale on a move below $46.29 with a stop at $47.15

The bear flag is seeing distribution and should break soon.

SNY-short

The 200 day moving average has been very important support/resistance

The 60 min chart has shown distribution at the breaking points of the 200 day.

The 1 min chart seems like SNY is ready to rollover, exhausted by the fights at the 200 day m.a.

AZN-short

AZN has seen resistance and support off the 50 day, now it will act as resistance .

3C seems to confirm the distribution heading into resistance.

FBP is a speculative long play

As you can see, it's giving a long signal.

3C shows accumulation in a long formed base.

The 5 min chart shows what looks to be a stock ready to go into stage 2 markup with continued gains, there's a good chance this one could move up quite a bit and for awhile considering the size of the base.

JSDA is a speculative long

As you can see, JSDA has held the 200 m.a. for 4 months which makes for a fairly low risk entry.

The 10 min chart looks like it's bracing for a move up.

The 1 min chart looks like the market makers are stocking up for a move as well.