Stocks-Heading towards today’s/yesterday’s highs. New highs could see some followthrough rally.
CDH- Is there a buy setup coming here? Fundamentally, the Loonie should benefit if commodity prices firm. MACD could be getting ready for a bullish crossover.
Gold/Silver:Tested support and rebounded, silver is back to about unchanged. If the ranges stay, we’ll have breakout setups for tomorrow.
COH: I had an alert set for cocoa if it took out the double top, but it didn’t go off. 2806 is the first objective of the breakout.
SBH: Held 1268 support, good buying opportunity.
CTH: Good bounce off 5090 support.
CLH: Trading under 4395 Fib support, 4273 is next. Inventory numbers are out tomorrow morning.
SMH: I sold this morning; it made a low of 306.00 short afterward. They went back and tested it about 15 minutes later I covered for a scratch when the low held.
