DJIA Components That Are In Impressive Consolidation Patterns - They Are New Rotation Candidates For Upside Breakouts: CSCO, KO, DD, IBM, INTC, JNJ, JPM, MCD, TRV, RTX and DIS.
Two Sectors Still In Base Formations - They Are Rated Buys Now Before The Market Rotates Into Them: Financials (XLF - 24.27) - its resistance is at 26.83. Industrials (XLI - 72.31) - its resistance is at 76.53.
I hope everyone is participating in the "gold rush" that is taking place - a retest of its old all-time highs is expected. In the case of GLD - it's all-time high is 185.85.
"Rotation Is The Life-Line Of Every Bull Market". Today's actions in Emerging Markets (EEM) and China - Small Cap (ECNS) are encouraging. Of course, we also want to see similar action in the U.S. small & mid-cap areas as well. Stay tuned.
Hello dear friends....this is a new account because I had problems with the old one. Now we can all share our ideas once again. Thanks for understanding.