[ALL RIGHTS REVERSED]

I'm about 3% into scanning the daily charts in the US and UK markets as I shift my focus back to longer term charts in lieu of the new year at college starting next week. It is unbelievabley bearish everywhere. I'm not finding anything worth trading on either side yet, but there are a few interesting little patterns and prices shaping up in a few of the stocks I cover intra-day.

Potential swings in the next 2 weeks so far;
  • TSO looks like it is going to re-test the lows of the $14.80 area as it is stuck in a very strong downward trend.
  • AAPL on a breakout of $180 will be very interesting given recent resistance
  • NVDA gap fill recovery after a retracement?
  • PAYX showing early signs of descending triangle formation?
  • RFMD nice gap support resistance channel
  • SNDK beaten down for support at $13.10?
  • JNJ to retrace to breakout price at $69?
  • Double bottom on TXN around $24
And 3 UK stocks:
  • WSH actually looking good for a bounce off 450
  • LSE approaching double bottom
  • Same setup as LSE on WMH
I'm gonna check these out in more detail just now across a few time frames and I will post anything interesting here later. This could end up as a Crystal Balling thread.#

Monday morning update:
Will post some charts later. I've been thinking about going back to swing trading a lot lately, and for some reason I'm not really looking that forward to it. It will be less stress, but after trading intra-day so much the transition could be difficult! I love 5 min charts so switching to dailies or 60min will be like watching paint dry.

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