JUNE SPX SETUP

1330 area above, 1294 below, also orange downtrend line at current levels......traders for now IMHO are playing between the lines leaving door open to minor rally commencing today. Err onside on long trades as long as 1294 holds.

AVNW $4.59
DAG $14.96
GEL $27.90
IAU $15.05
FTE $22.52

Using a point and figure scan, curious as to how these will play out, looking for momo. Of interest are CPRX and ETAK....more charting and investigation needed both breaking out.

Also considering SSO on hold of SPX 1294. After FRiday I will be bale to do things more in real time, that's when they get interesting.

D