XLE - Breakout Update

Notice that Oil shares always have a reason to go up - whether that is inflation, war or reopening trade. After breaking out, the weekly bar is now trying to go green. XLE should pop into month end and first week of March next. Weekly

NFLX - Death Cross

Netflix is in a bear with recent death cross. NFLX likely to dip to test the lows at $350. Daily

$NDX - At 50 Week Moving Average

Notice the Nasdaq closed at it's 50 week moving average last week. Weekly

XLE - Modelling Monthly Target Prices

XLE may be beginning a long trend higher this year. Oil prices are rising and XLE has shown resilience with little correction in January. Exxon delivered strong earnings yesterday. Based on preliminary modelling XLE can trend higher into September, and monthly target prices have been developed. Daily

OCGN - Canada's Trudeau has Covid

OCGN formed a low at the end of January as anticipated. For February it can trade up to test the 50 day moving average. Ocugen is applying for approval of it's vaccine in Canada, and Canada's Prime Minister Trudeau has just contracted Covid. Ocugen gapped up yesterday. Daily

XLE - Extremely Bullish - Inflation to Blowup

XLE will not be able to hold back much longer. Markets have dropped but Oil continues to strengthen. All efforts to contain inflation have now failed. Daily

$NDX - Bounce Incoming!

Nasdaq is trading similar to the way SPX did in 1998. Technically the charts are identical. NDX on Friday tested the 50 week average which is likely going to act as support. Tech earnings this week are going to put the index back on solid footing, and in coming weeks NDX is poised to retest the highs due February month-end by this model. Weekly