AVL - could go to .028. MMC - powering. FEX EVO -- res 66.5. If breaks through that, should continue DRO - might be ready for a move up SGI RNU - volatility contraction ++. Would prefer if it breaks out with speed & volume. PCG 5GG upthrust rejection after sell bar. Look weak SHM - spring bar with lots of selling. Nice. Buy if crosses above today's high. DSE - another spring bar. " ------ " ARR - will drift lower COE - began downtrend 21st, as mentioned prev. PAA - not a good candle today - bearish SVL - not a good candle today - bearish JMS - MR set up. Big turnover. RIM - very bearish. Upthrust and sell bar.
Normally we think of upthrust bars (marked UT on chart) as bearish, and they certainly are. But breaking the high of an UT bar is bullish. There's been several today. eg. AXE. An UT is an inverted hammer with some other conditions attached.
