Erin has been watching the SPY which is showing a rising wedge pattern (Bearish) and the expectation is a breakdown from that pattern. Following that, the Swenlin Trading Oscillators (short term) are giving a good picture of impending reversals and direction the market will continue in. The good news, is the Energy Sector which is the leading sector. The industry group to watch is Oil Equipment and Services. Finishing up, Erin shares her "Stock To Watch."
Connect with Erin