Bank of Montreal (BMO - US) has completed 4th wave (or X in WXY) pattern. It dropped in 5 wave and corrected up. Sell near box price with stops above 55.35.
Brown & Brown Inc (BRO - US) has completed A-5 wave decline & correcting in wave B. Sell 50-62 % pull back for C down wave. It is actually moving down in Y wave of bigger WXY pattern.
Halozyme Therapeutics (#HALO - US) is in ABC pattern and out-performing the SPX. It is in internal 4th wave correction of 3rd wave of C up. Buy at the price within box, if possible for the new high as target.
MMC (MMC - US) is within WXY pattern. Y down wave already started. Sell with stops above 96.44 for c wave down of Y. It is also under-performer stock to market.
Sands China Ltd (1928 - HKEX) looks in corrective WXY wave pattern. After completing X, it dropped in five wave A followed by its corrective B wave. Sell with stops above 33.30 with C (W - internal of Y wave down) as target.
Hang Seng Bank - HKEX looks progressing for wave 5 down. It is under-performing HK50 index. Sell in 2nd wave corrective up with stops above 140.50 for target below 125 level as 5th down.
The chart displayed the comparison between SPX Vs Tick Vs ADRN daily index which shows the divergence, which indicates that next 1-2 days will be range bound or possible reversal.
LCO (CL1!) seems within the 5th wave of 3 wave down. Which seems ended near 9.5 $ mark. Here i put my thoughts about possible wave count in smaller time frame, which is looking very obvious to me. But let chart speaks
Netflix (NFLX - US) is strong stock and formed triangle after earning with high volume. Buy if price retains above 430 level (above triangle trend line). It should run quickly, otherwise get out of the trade.
Franco Nevada Corp (FNV - US) is all time high stock. It seems within wave 5th of wave 3 (or C) up. Buy for last move up if getting at good price to enter with stops below 132.60.
Abbott Laboratories (ABT - US) looks like 4th wave completed on trend channel. It’s out-performing the market. Buy with stops below 92.75 for target of above 100. Volume supported by earning date.
Douglas Emmett Inc (DEI - US) is under-performing the SPX index. After completed B wave up corrective, it dropped in 5 wave as wave 1 of C wave down. Sell with stops above B wave high with some pull back within 1-2 day. Wait for good price to enter.
Texas RoadHouse (TXRH- US) formed triangle after severe downtrend. This triangle formed B wave as shown on chart. Sell below 45.30 after breakdown with stops above 47.85 for bigger down target
National Oilwell (#NOV - US) is in downtrend. It looks like 4th wave bear flag after big downfall. Sell with stops above 13.10 for target as new low in this time frame.
LAS VEGAS SANDS (LVS - US) looks like 4th wave triangle is completed. Wave 5 down will start soon. Sell with stops 46.35 for target down. It’s also under-performing stock than SPX.
Nordstorm (JWN- US) looks very bearish to SPX index. I feel its in its 5th down wave. Tell me your count if not matches with me. Thanks.
M&T Bank (MTB - US) seems within B wave triangle. If brakes then only - sell for C down wave with stops above 110.90.
Alcoa Corp (AA - US) is going down for 5th wave down. It’s already broken down to 4th wave triangle. So next move will be very fast down. Sell with stops above 8.09 level as prices rise little on Monday as Spx is expected to go up slightly before going down further.