Two Setups For This Afternoon
Now that we’re at war, remember, this is a news-driven environment, and
standard technical setups sometimes don’t always offer the help they normally
do. This is not to say to throw your indicators out the door — just keep this
in mind.
Goldman Sachs beat first quarter expectations this morning and is currently
trading in a symmetrical triangle intraday. A break below this level is bearish.
Hotels.com has some stochastic divergence and could pull back here.
Have a good afternoon, and please say a prayer for our men and women currently in harm’s
way.
Brice Wightman