Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Monday, May 26, 2014


Stock Market Technical Analysis Blog

click on image to enlarge

Following up from my two previous blogs, where I showed how the QQQ broke through resistance Thursday afternoon and the Russell 2000 and AAPL broke through their resistance Friday morning; the chart above shows that NFLX also joined the party Friday afternoon, breaking up through the lower line of its mid-term channel.

Now lets see if these breakouts can sprout some legs.

Trade well my friends,