Monday, May 4, 2020

LEM20 Live Cattle Jun '20

Meats are starting to look like they may have formed a bottom. Live Cattle price firming up above 8525, currently above two EMA's, and RSI crossed above 50, ADX just crossed.

HGN20 High Grade Copper Jul '20


Copper broke through upward trendline from low, price is below all 3 EMA's, and RSI just broke below 50.

CG Carlyle Group


CG Carlyle Group stock pulled back to the 200dma then dropped again, trendline break and RSI are confirming move down.

KMX Carmax Inc


KMX Carmax stock pulled back 63% from the bottom, a full Fibonacci retracement, and watching the moving averages and RSI looks like it may want to drop back down.