Notice: The Daily Setups are provided for informational purposes only and are not intended as a stock-picking service. The charts and information provided are intended to aid research and analysis and should only be used as indicators. They should not be considered as a direct trigger to buy or sell any security. The creator assumes no responsibility for any actions readers take and strongly advises each individual to fully understand the risks and potential consequences before making any investment decisions. Please note that the charts shared are not intended as signals to buy or sell but as a tool to add to your watchlist and analyze according to your trading ability. Remember that not all charts will result in buy or sell actions at any time.
Just a friendly reminder: Please pay close attention to the Daily Setups and Workspace scan results for potential future additions to stay ahead of the game.
If you’re facing challenges understanding the Daily Setups or need help crafting a trading strategy, don’t hesitate to ask for assistance. You can contact me via email at info@setyourstop.com or reach me through the Workspace. Let’s schedule a meeting to address your specific requirements and provide you with the guidance you need.
Sample Trading System
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SYS Daily Report
Dow Recovers, S&P 500 Dips Amid Inflation Uncertainty
The Dow Jones Industrial Average rebounded in afternoon trading, overcoming earlier fluctuations, while the S&P 500 experienced a second consecutive decline on Monday. Investors closely monitor critical inflation data, anticipating insights into the Federal Reserve’s potential interest rate adjustments.
The materials sector spearheaded the day’s performance, with energy and consumer staples following suit. Despite the overall dip in the benchmark S&P 500, most individual stocks within the index concluded the day with gains.
Consumer Staples ETF – Daily Chart
The benchmark S&P index exhibited a marginal 0.1% decline but remained within 1% of its all-time high. In contrast, the Nasdaq Composite witnessed a 0.4% decrease, while the Dow Jones Industrial Average posted a modest 0.1% gain. Bond yields saw a slight uptick, with the 10-year yield reaching 4.104%. Investors are eagerly awaiting further developments as they navigate a market characterized by uncertainties surrounding inflation and potential Federal Reserve actions. Both the S&P 500 and the Nasdaq are currently maintaining their positions above the 21-exponential day moving average. Continue to monitor this trend for any potential shifts or developments.
S&P 500 – Daily Chart
Nasdaq – Daily Chart
Dow Jones Industrial Average – Daily Chart
10-Year US Treasury Yield
Charles Darwin once said, “It’s not the strongest or the smartest that survive, but the ones quick to adapt.” This sentiment rings true as we wade through the financial scene, dealing with uncertainties about inflation and what the Federal Reserve might do. Now, let’s dig into the daily setups, where staying nimble and adapting to the market’s twists and turns is the name of the game.
US Daily Setups
COP – ConocoPhillips
ConocoPhillips appears to be set up for a potential falling wedge breakout. Monitor closely for confirmation and signs of potential upward momentum.
LINK TO CHART – https://schrts.co/xxtGQFie
FCX – Freeport-McMoRan, Inc.
Freeport-McMoRan seems to be setting up near the apex of a significant multi-year consolidation/continuation triangle. Keep a close eye for potential developments and signs of upward momentum as it approaches this crucial point.
LINK TO CHART – https://schrts.co/XseiJKge
GPS – Gap, Inc.
Gap is attempting to break out from a continuation pattern accompanied by a surge in robust volume. Watch for confirmation and potential sustained upward momentum.
LINK TO CHART – https://schrts.co/cMGbcTqZ
OIH – VanEck Vectors Oil Services ETF
The VanEck Vectors Oil Services ETF shows signs of pushing above a horizontal resistance line following its wedge breakout. Watch for confirmation and potential continuation of upward momentum.
LINK TO CHART – https://schrts.co/pppYvZzW
PAY – Paymentus Holdings Inc.
Paymentus appears to be breaking out with robust volume. Keep a close eye for confirmation and potential sustained upward momentum.
LINK TO CHART – https://schrts.co/iITWEdNB
VLO – Valero Energy Corp
Valero Energy appears to be set up for a potential new all-time high breakout. Keep a close watch for confirmation and signs of sustained upward momentum.
LINK TO CHART – https://schrts.co/qMQXqsQk
Canadian Daily Setups
AEM.TO – Agnico-Eagle Mines Ltd.
Agnico-Eagle Mines is currently beginning to push above the horizontal resistance line. Monitor closely for confirmation and potential continuation of upward momentum.
LINK TO CHART – https://schrts.co/AWNsYEmd
CMG.TO – Computer Modelling Group Ltd.
Computer Modelling Group seems to be setting up just below the trigger line of a continuation pattern. If it starts to break out above the trigger line, keep a close eye on this setup for potential developments and signs of upward momentum.
LINK TO CHART – https://schrts.co/ENUCdqrF
GMIN.TO – G Mining Ventures Corp.
G Mining Ventures is currently attempting to break out to a 52-week high. Keep a close watch for confirmation and signs of sustained upward momentum.
LINK TO CHART – https://schrts.co/RcqrnsaV
K.TO – Kinross Gold Corp.
Kinross Gold is currently attempting to break out above a horizontal resistance line. Look for confirmation and potential signs of sustained upward momentum.
LINK TO CHART – https://schrts.co/iiwJEUzt
PAY.TO – Payfare Inc.
Payfare is currently set up as a bull flag continuation pattern.
LINK TO CHART – https://schrts.co/CvCDfXgU
TF.TO – Timbercreek Financial Corp.
Timbercreek Financial has consolidated in the form of a potential bull flag continuation pattern. Watch for confirmation and signs of sustained upward momentum as this pattern unfolds.
LINK TO CHART – https://schrts.co/JwTajPGG
To bring our report to a close, we thank you for your engagement and insights. Your feedback is of great value, and we encourage you to share your recommendations. Stay attentive to the Daily Setups, the Workspace, and the Watchlists for emerging opportunities. Additionally, be sure to explore the scanner result PDFs provided below. Until next time, happy trading!
US Scanner Results
Click on the CandleGlance chart to view it in full size. Find a chart that matches your criteria or interests. You can easily save it to your watchlist on StockCharts.com for further analysis and tracking or copy and paste the ticker list into your chart provider.
EXPORT – US Watchlist Scan – 2024-03-11
ABBNY ABBV ACGL ACIW ADBE ADI ADP ADSK AEE AEL AEM AEO AER AFL AGI AGM AIG AJG ALB ALL ALLE ALSN ALV AM AMAL AMCR APAM APOG ARE ARKK AROC ASND ATO AU AVDX BAC BALL BBVA BBWI BCSF BEN BITO BK BKR BLBD BMY BRK/B BRKR BROS BSBR BVN CAG CB CBT CCAP CCEP CCS CDW CE CECO CF CGBD CHE CHKP CHRD CHTR CI CINF CIVI CM CMCSA CME CNA CNO CNP COF COOP COP COPX COR CPA CPB CR CRBG CRH CRM CSCO CSGP CSL CSWC CTRA CTVA CVS CVX CXT DAL DB DD DFIN DFS DG DINO DIS DK DOCN DLR DUOL DVA DVN EBAY ED EDR EG EGO EGY EIX EL ELMD ELV EMN ENLC ENSG EOG EPD ES ESOA ETSY EVRG EXC EXPE FANG FCFS FCX FDS FDX FE FFIV FIS FITB FLS FMC FMX FNF FOUR FOX FRT FSLR FTI FTNT FUTU GBDC GBTC GD GDX GDXJ GFI GIB GIFI GILD GIS GLD GLW GOOG GOOGL GPC GPI GPS GRMN GTES GVA HAL HAS HES HESM HIG HMY HPE HPQ HQY HSY HTGC HUBS HUM HWKN IAG IBOC IDT IFF ILMN IMO INCY INDV INFA ING INTC IP IPG IQV IT J JELD JNJ KD KDP KEY KGC KMB KMI KNTK KNTNF KO KVUE KWR L LH LHX LI LKQ LNT LOGI LPG LRN LVS LYB LZ LZB MAA MAIN MCD MCHP MDLZ MDT MELI MET MFC MGM MITK MKC MKTX MLI MMC MMM MMYT MO MOH MPC MPLX MRNA MRO MSCI MSI MSTR MTB MTDR NGVC NKE NMIH NMM NOC NOG NS NTB NTRA NTRS NU NVS NWS NWSA NX NXPI NXT NYT O OBDC OIH OKE OMC ON ONON ORCL OSG OSK OXY PAGS PATH PAY PAYX PBA PCOR PEG PEGA PEP PFG PG PHG PKG PLUS PM PNC PPC PPG PPL PRU PTC PWP PXD PYPL QCOM QLYS QRVO QSR QTRX RBLX RCL RDY REPYY RGA ROL ROP RSP RTX SA SBUX SCHW SIGI SJM SKM SKWD SKX SLB SLV SM SN SNX SO SOVO SPLK SPSC SQ SRE SSNC STEP STNE STT STZ SWAV SWBI SWKS SWN SXC SYF SYM T TAP TEAM TEL TENB TFPM TMUS TOST TRGP TRI TRIN TRIP TRMD TRV TS TSN TTE TTWO TW TXN TYL UBS ULTA UNH UPS USAC USB USFD USO V VICI VIST VLGEA VLO VNOM VRSN VVV VZ WBS WCN WEC WELL WES WEX WFC WFRD WM WMB WMT WPM WRB WRK WSM WWD WY WYNN XLB XLC XLE XLF XLP XLU XOM XOP XP XRAY YUM ZBH
Canadian Scanner Results
Click on the CandleGlance chart to view it in full size. Find a chart that matches your criteria or interests. You can easily save it to your watchlist on StockCharts.com for further analysis and tracking or copy and paste the ticker list into your chart provider.
EXPORT – Canadian Scanner Results – 2024-03-11
ABXX.NE ACQ.TO AD/UN.TO ADBE.NE AEM.TO AFN.TO AGI.TO AI.TO ALA.TO ALYA.TO ARCH.V ATH.TO AYA.TO BAM/A.TO BB.TO BBD/B.TO BK/PA.TO BMO.TO BN.TO BOS.TO BRK.NE CCL/B.TO CFP.TO CG.TO CGG.TO CHE/UN.TO CMG.TO CNQ.TO CP.TO CPG.TO CRM.NE CRRX.TO CSH/UN.TO CTS.TO CVE.TO CVS.NE CXB.TO D/UN.TO DBM.TO DCM.TO DFN.TO DIV.TO DND.TO DNTL.TO DOL.TO DSG.TO EDR.TO EFN.TO ELD.TO EMA.TO EMX.V ENB.TO ENGH.TO EQX.TO ERF.TO ERO.TO ESI.TO ETHC.NE EXE.TO FFH.TO FR.TO FRU.TO FVI.TO GAU.TO GEI.TO GIB/A.TO GMIN.TO GOLD.TO GOLD.V GOOG.NE GTE.TO H.TO HBM.TO HWX.TO IAG.TO IFC.TO III.TO IMG.TO IMO.TO INTC.NE IPO.TO IVN.TO JAG.TO K.TO KEY.TO KNT.TO L.TO LAC.TO LB.TO LCS.TO LGC.V LUN.TO MAU.V MKO.V MTA.V NA.TO NFG.V NFI.TO NG.TO NGD.TO NOA.TO NPI.TO NWC.TO OBE.TO OGC.TO ONEX.TO OSI.V OSK.TO OVV.TO PAAS.TO PAY.TO PD.TO PET.TO PLZ/UN.TO PMET.TO PPL.TO PRB.TO PRV/UN.TO PRYM.TO PSK.TO PSLV.TO PYPL.NE QBR/B.TO QBTC/U.TO QSR.TO RAY/A.TO RCI/B.TO RCK.V RY.TO SBUX.NE SES.TO SHOW.CA SIL.TO SKE.TO SOIL.TO SPB.TO SU.TO SVM.TO TBRD.V TCL/A.TO TD.TO TECK/B.TO TF.TO TFPM.TO TIH.TO TKO.TO TNT/UN.TO TOT.TO TPZ.TO TRI.TO TRP.TO UNH.NE VGCX.TO VLE.TO VZLA.V WED.V WFG.TO WIFI.CA WN.TO WPM.TO WPRT.TO WTE.TO XTG.TO ZZZ.TO
