Profit Hunting

Markets beginning to look really shaky at the moment, I’m seeing a lot of reversal formations and high volume breakdowns across a few different sectors.  Airlines and Homebuilders were noticeably weak intra-day for example.  Here are some discretionary type setups and the S&P 500, followed by the results of todays EOD 3×3 flag scans.

Bearish results;

WMT SHW CDI TEX FCN FTR LEAP WGO LCC (again) DAKT ORA

Bullish results;

None returned

EK also looks great to the downside if it’s shortable.

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