$SPX 15 Minute: Still looks like ABC up because price is holding below the minor up trend line and price up looks over lapping. We might get a small ending diagonal to finish B.
$SPX 60 Minute: It still looks like an ABC flat pattern. If so, then C should hold the support box in red. Maybe the 200 period MA at most to the down side.
IBM: It continues to grind higher inside the channel. MACD is trying to turn up.
AAPL: Price is back to resistance on the gap. We should see some volatility in this stock soon.
My Watch List: Just a couple ideas going to far.
CGEN: I've had this up before and we have maintained a position in this stock for a couple months. Price broke above the down trend line and then back test it. Then consolidated sideways and we might have a diamond pattern. Price is testing the structure.
FTEK: Price gapping and pushing above a couple of down trend lines on strong volume with plenty of room on the RSI to support further upside.
From My Trading Desk: Today we took a small long on FTEK. Still keeping my trading activity limited for the time being.
J.D. Rosendahl, Rosey