$ABS Study 20171103

$ABS Weekly Chart as of November 3, 2017

Notes:
1. Price bounced at that 38.2% Fib Ret level. Must stay above 39.16 moving forward.
2. CCI is attempting to cross its signal. Better to break out of that trend line resistance.

Mind the levels, manage the risks.

$PXP Study 20171103

$PXP Daily Chart as of November 3, 2017

Notes:
1. Price must stay above 8.65
2. CCI must continue approaching the trend line resistance (and must break it).

Mind the levels, manage the risks.

$WPI Study 20171103

$WPI Weekly Chart as of November 3, 2017

Notes:
1. Price must break out of 38.2% Fib Ret level.
2. CCI must break out of that trend line resistance.

$MRC Study 20171103

$MRC Weekly Chart as of November 3, 2017

Notes:
1. That trend line support is well respected.
2. CCI must cross over its signal (very high risk buy), better to cross over zero level (medium risk buy).

Mind the levels, manage the risks.

$URC Study 20171103

$URC Monthly Chart as of November 3, 2017

Notes:

1. Trading within the 38.2% Fib Ret level.
2. CCI is respecting the trend line support.
3. Very High Risk entry on CCI crossing its signal.
4. High Risk entry on CCI breaking that trend line resistance.

Mind the levels, manage the risks.

$LRW Study 20171103

$LRW Weekly Chart as of November 3, 2017

Notes:
1. Price respecting the trend line support.
2. CCI appears to be moving towards its signal and zero level. A cross over will add to our entry confidence.

Mind the levels, manage the risks.

$NOW Study 20171103

$NOW Weekly Chart as of November 3, 2017

Notes:

1. Price must stay above 50% Fib Ret level, better to break out of 38.2% Fib Ret level...

2. CCI must remain in uptrend, breaking zero level...

3. Mind the levels, manage the risks... Buy in tranches, medium risk entry when CCI crosses over zero level....