I may be the first to draw this bounce channel pattern this way, but it does look pretty cool to the eye. 

  

SPY Bounce Channel pattern

 

Quick Glance at the Market Heat Map and Industries

heat map

Notables:

  • Anything was an improvement from yesterday.
  • Big oil was solid across the board.
  • Financials were absent from the market today.  

Be sure to check out my latest swing trades and overall past performance

SharePlanner Market Compass:

Stock-Market-Compass-Pullback

Same concept as Friday, one up day doesn’t change the pullback rating. 

And of course…the RIDICULOUS!

Great video showing how both teams win…

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