DRYS

DRYS is back to the 50 day moving average(blue line). Notice how it held there a few weeks ago. Use a stop below the blue line.

Dow at the 200 DMA

The Dow has been testing the 200 day moving average(white line), the past 2 days. The Dow has not seen the 200 dma for 13 months, so chances are it will fail on the this first test. We have a full moon coming up this weekend, so I'm looking for a reversal to start any day, that should carry us into Quad expiration on June 19th..

Lear Corp.

Lear Corp. (LEA) is sitting on support on the 21 day moving average(yellow line). This could jump up to $3.90(white line 200 dma) very fast, or down to $1.11(blue line 50 dma). I'd play it tight and use a stop loss at 1.40.

Umm Umm Good

Campbell Soup(CPB) is looking Umm Umm Good! It found support on the the yearly s1 pivot(blue circle) last month and had great earnings today. Looks like it has bottomed and now new investor's are coming in. First resistance is at $30, I would use a stop loss at $24.

nothing has changed since last week

The S&P closed last week on the 21 day moving average, just like the week before. We are still holding support (the yellow line), and there is no sell signal yet. Resistance(sellers) is the white line(200 day moving average) at 935, and Support(buyers) is the blue line(50 day moving) at 850, in the coming week(s). We are currently in the middle of the two.