Markets: rallied Monday +.2% ish. Most interesting is oil which is finally filling an old technical breakout. Here is how the markets looked at the close chart
#IWM: was +.4% in the am faded into the close) BUT at an important level. prior support lost.... now fwd R? chart
#CL Crude oil: In light of the seriousness of the development in that region, the fundamentals of oil based on supply demand is overshadowed by the potential unease in an unstable SA/Iran/Syria(Isr) area. I think it could go to 70 or back to 50 depending on a headline. AND we have no clue of what headlines will come out. The Crown Price is a millennial.... chart
#PCLN: -6% after hours. They reported but guidance was bad. The conference call is ongoing so we shall see where they open. chart
#ORCL: this is a pivotal zone. they have had success and failure here. earnings are a coin flip so GUT is what will make u gain or lose in the short term. Here are the 2 possible price paths. chart
#DIS: had headlines today. Here are important levels to contemplate before chasing it. chart
#TMUS: fell hard on headline today. Last Thursday I told us to NOT be long TMUS and that 56 could come fast. Today... 55.3 chart
#TSLA: -1% and now in technical trouble. Although not a perfect head and shoulder pattern, this area here is a neckline of support. IF lost then 280 is the next zone of contention. Also there is an exodus of execs (per report). So caution is warranted. chart