| Weekly Trend: | Down |
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| Daily Trend: | Down |
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| Daily Momentum: | ___ | Down |
I eyeballed some 500 charts this evening and one stand out pattern is bullish A-B-C’s. The daily and weekly trend is down so these don’t fit our criteria, however if the US markets have a significant bullish night I will post some setups over the weekend for Monday. As usual, going against the broader market trend is considered an aggressive stance and is not suitable for everyone. Stock of interest are: ABY, AGY, AGO, AAX, BOW, KZL, LNC, PDN and WHC. Check back on Sunday night if the US takes off. Otherwise we’re really in no-mans land. The trends are down but not convincingly so. Some of our short trades have tagged their respective breakeven stops and whilst this may seem frustrating it is good trade management.
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