The bears are just about dead, and beyond stubborn at this point. Once again we start the week with some prime setups on our momentum scan. China continues to be piping hot this week with $BABA breaking out to fresh all-time highs. $BA digested all recent news rather well and now setup to run back to +$200. Oil service names such as $SLB all have volume pockets to fill just above. Just when you think we can’t go any higher, more bullish charts emerge. It’s tough be a bear.
Here is Monday’s full momentum scan: CLICK HERE FOR CHARTS, with a few of my favorite charts below:
RaginCajun 2020-07-07 02:15:20