LZB broke out from the one week congestion pattern, which represented the digestion period in the aftermath of the May-June eplosive rally. Right now, the most important thing to look for is a test of the 5.20-5.90 areas. The stock had gained about +140% followed our May signal or +500% followed the early March major trend shift signal.
This is an update to the Capital Essence’s “ETFs Trading Map” Model Portfolio. Monday trading signal made some progresses today, all showing nice gains. The scan after the close came up with 1 new trading signals for June 24, 2009. Stop losses are included.
Capital Essence’s Market Outlook (the technical analysis of financial markets) for June 24, 2009. If you want to know whether the market is trending bullish or bearish tomorrow, or where (which sectors or areas in the markets) should you put your money, READ this first!
Capital Essence’s “Swing-Trader Bulletin” for June 24, 2009. Using our unique proprietary tools, the Swing Trader Bulletin identifies trading patterns, trends, support and resistance levels to establishes attractive entry and exit points, buying opportunities. Targets and Stop-loss-point are included.
This is Capital Essence’s U.S. Market Trading Map - Daily ETF Trend Report for June 24, 2009. The scan conducted after Tuesday close found 5 new trading signals from a list of 140 U.S. listed Natural Resources ETFs. Targets and Stop-loss-point are included.
