EEE is a trade idea from 3/31 to me it looks decent still, just in a consolidation.
Lateral bases have been very common for the last 6 months or so coming out of a wedge pattern, this wedge is actually a bullish wedge with an implied target a little above $4.50.
Daily Bollinger Bands are pinching so a directional move should be around the corner.
The 60 min 3C chart showed accumulation before the breakout of the wedge and again during this small triangle consolidation.
The same positive 3C stance is seen on the 15 min chart.
ADX shows the downtrend as having ended and is in good position to start a new trend. Also the downtrend was broken on the Trend channel at the white trendline, with a stop at the red trendline.
All in all, I think EEE still looks fine, it just seems to be gathering itself together for the next run. For a speculative trade, the Risk:Reward ratio is excellent right here.
On another note, I've been running scans on several indicies, so far I have candidates from the Russell 2000, the Dow 30 and am currently writing down the signals for the NASDAQ 100 scan just completed. I'll probably put these on a spreadsheet and link them at the top right of the site. I still need to go through each one individually to look for the best set ups.
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