CY Adding to Real-Time Market Scanner

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CY Adding to Real-Time Market Scanner

We are adding CY to the LTA-Live Trading Alerts Real Time Market Scanner watchlist for management and buying alert. CY bullish above $14.00, stop below $13.65. CY has been forming a Pop Out of The Box Pattern for a few days now. The POOTB also comes after bottoming price action with higher lows and highs and a bullish trend line. Last Wednesday CY closed with an RBB pattern as well.

Market Higher on Positive G20

The Market will open higher today on the 90 days cease-fire and willingness of the US and China working together on a tariff solution. Last weeks run in the SPY showed promise going into the G20 meetings. And what do you know, price action is gaping up this morning well over the 50-SMA attempting to challenge the November high. No doubt we should see a little profit taking but a close over the 50-SMA or even $270.00 would a huge success. Trading hint: Gaps are gifts.

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