Range Bound
Because many sectors are range bound, there’s
not much to look at tonight (Thursday).
Internet
(
$DOT.X |
Quote |
Chart |
News |
PowerRating) looks poised to rally
out of a cup and handle. Look for buying
opportunities in calls and call spreads here.
Follow Up And Looking Ahead
If you still have profits in the major oils
(
$XOI.X |
Quote |
Chart |
News |
PowerRating), you may want to lock in a piece as they appear to be stalling
out.
Gold and silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating) has shown some
nice momentum as of late. It should be interesting to see how it sets up over
the next few days.
Retail
(
$RLX.X |
Quote |
Chart |
News |
PowerRating) had a nice break higher
on Thursday. It too may set up next week.
Best of
luck with your trading on Friday!
P.S. Reminder:
Protective stops on every trade!