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: We update the sector chartists every weekend. We highly recommend that you take some time to browse and create your watchlist. 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
The following trading system is presented as an educational example and should not be interpreted as financial advice. Past performance does not guarantee future results, and trading involves inherent risks. Please consult with a qualified financial advisor before implementing any trading strategies.
SYS Daily Report
Crypto and Gold Miners Surge as Markets Navigate a Robust November Amidst Declining Yields
The S&P 500 is forging ahead, poised to conclude November with its most robust monthly performance since July 2022, underpinned by a decline in bond yields. Despite fluctuations throughout the day, the three major indices gained ground following dovish commentary from Federal Reserve officials. Simultaneously, gold continued its upward trajectory, marking a fourth consecutive session with a climb to a more than six-month high as price action now threatens a breakout. This surge was fueled by a weakened U.S. dollar and the prevailing expectation that the U.S. Federal Reserve has completed its cycle of interest rate hikes.
Weekly Gold Chart
In today’s market action, the S&P 500 edged up by 0.1%, the Nasdaq Composite saw a 0.3% uptick, and the Dow Jones Industrial Average climbed by 0.2%, representing an increase of approximately 84 points.
Indexes
The downward trend in benchmark yields persisted, with the 10-year U.S. Treasury note yield concluding at 4.336%, a decrease from Monday’s 4.388% and marking the lowest point since late September. Simultaneously, the two-year Treasury yield, closely linked to Federal Reserve policy, reached its lowest level since July 17, as Fed officials’ remarks coincided with a surge in stock prices. These declining yields amplified the allure of the stock market to investors.
10-Year US Treasury Yield
The SSIH remains strong.
SSIH
As we shift to the setups section, the stock market rally continues its strong performance. However, finding buying opportunities is becoming more challenging, with many leaders already extended. Keeping watchlists up to date is crucial. As Sun Tzu wisely said, ‘Every battle is won before it is fought.’ This rings true in trading and investing – success often hinges on preparation and foresight. Today, our crypto and precious metals setups surged, highlighting the ongoing theme. Staying vigilant and ready to capitalize on emerging opportunities are key. Now, let’s explore the setups and see how a proactive approach can lead to success.
US Daily Setups
FRSH – Freshworks Inc.
Freshworks is making an attempt to break out from a falling wedge continuation pattern.
LINK TO CHART – https://schrts.co/HpJijPug
GDX – VanEck Vectors Gold Miners ETF
The VanEck Vectors Gold Miners ETF is breaking out from the closely monitored falling channel, a pattern consistently highlighted in our setups.
LINK TO CHART – https://schrts.co/MausGCjG
GDXJ – VanEck Vectors Junior Gold Miners ETF
The VanEck Vectors Junior Gold Miners ETF is breaking out from the closely monitored falling channel, a pattern consistently emphasized in our setups.
LINK TO CHART – https://schrts.co/IDkQkjPX
HUT – Hut 8 Mining Corp.
Hut 8 Mining is setting up near the apex of a falling wedge bottoming pattern. Keep a close watch for a potential breakout.
LINK TO CHART – https://schrts.co/EuaFYwyt
MARA – Marathon Digital Holdings Inc
The Marathon Digital setup is currently gaining momentum from the consistently highlighted bottoming base in our setups.
LINK TO CHART – https://schrts.co/NBiHTrjY
PANW – Palo Alto Networks Inc.
Palo Alto Networks is breaking out from a significant basing pattern, reaching a new all-time high.
LINK TO CHART – https://schrts.co/xmECCEdT
PLTR – Palantir Technologies, Inc.
Palantir has just completed what seems to be a successful retest of the breakout, taking the form of a bull flag continuation pattern.
LINK TO CHART – https://schrts.co/aSbjsgMd
SN – SharkNinja Inc.
SharkNinja is actively working to trend higher from its continuation pattern.
LINK TO CHART – https://schrts.co/furhayPP
TSLA – Tesla Inc.
Tesla is flagging below the upper trendline of a multi-month continuation pattern. Keep an eye out for any upside momentum that could lead to a potential breakout.
LINK TO CHART – https://schrts.co/uXBmpnhA
TWLO – Twilio Inc.
Twilio is positioned on the right side of a significant bottom base pattern. Keep an eye out for a potential breakout.
LINK TO CHART – https://schrts.co/SwcNFvqc
WGMI – Valkyrie Bitcoin Miners ETF
The Valkyrie Bitcoin Miners ETF seems to be breaking out from a falling wedge-bottoming pattern, supported by momentum in the sector.
LINK TO CHART – https://schrts.co/YqkTtPXx
WPM – Wheaton Precious Metals Corp.
Wheaton Precious Metals is accelerating higher from the continuation pattern consistently highlighted in our setups.
LINK TO CHART – https://schrts.co/PnGKmWwP
Canadian Daily Setups
AEM.TO – Agnico-Eagle Mines Ltd.
The Agnico-Eagle Mines setup, highlighted in yesterday’s report, is breaking out from its rounded bottom pattern.
LINK TO CHART – https://schrts.co/IPwCRQRT
DPM.TO – Dundee Precious Metals, Inc.
Dundee Precious Metals seems to be poised on the right side of a cup base, hinting at a potential breakout.
LINK TO CHART – https://schrts.co/XfFNMEzc
GLXY.TO – Galaxy Digital Holdings Ltd.
Galaxy Digital is set up with a bullish pennant continuation pattern. Keep an eye on it for a potential breakout.
LINK TO CHART – https://schrts.co/csizKwsf
HUT.TO – Hut 8 Mining Corp
Hut 8 Mining is setting up near the apex of a falling wedge bottoming pattern. Keep a close watch for a potential breakout.
LINK TO CHART – https://schrts.co/gjhbyXzm
K.TO – Kinross Gold Corp.
The Kinross Gold setup, consistently highlighted, is now gaining momentum and reaching another new 52-week high.
LINK TO CHART – https://schrts.co/CJwTdfWZ
WDO.TO – Wesdome Gold Mines Ltd.
Wesdome Gold Mines had another strong day and is now poised for a potential bottom-base breakout.
LINK TO CHART – https://schrts.co/wcCEXMwe
WPM.TO – Wheaton Precious Metals Corp.
Wheaton Precious Metals is accelerating higher from the continuation pattern consistently highlighted in our setups.
LINK TO CHART – https://schrts.co/iJNfWCdB
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 – 2023-11-28.xlsx
ACIW, AEM, AEO, AEP, AES, AFRM, AFYA, AGI, AGO, AKAM, ALPN, AMGN, AMT, ANF, APO, ARES, ARKK, ASAN, AVAV, AXP, AZUL, BA, BAESY, BBVA, BBY, BEN, BG, BITO, BITQ, BKNG, BLK, BLOK, BPOP, BR, BRZE, BSY, BTBT, BVN, BX, BXP, BYRN, CAMT, CAPL, CARG, CASH, CBOE, CCAP, CCI, CE, CGBD, CHKP, CIEN, CL, CLSK, CMS, CNP, COF, COIN, COOP, CQP, CRBG, CRM, CRWD, CSAN, CSX, CTAS, CTSH, CUK, CWAN, CYBR, DASH, DB, DBI, DDOG, DEFTF, DFS, DG, DGHI, DGHI.V, DGX, DK, DKL, DMLP, DPZ, DTE, DUK, DV, E, EADSY, EC, ED, EDU, EFX, EGO, ELF, EPAM, EQIX, ESTC, ETHR.TO, ETHX/B.TO, ETR, ETSY, EXPD, FA, FDIG, FFIV, FI, FIS, FITB, FIVE, FLT, FRSH, FSV, FWRG, GBTC, GDX, GDXJ, GDYN, GFI, GLD, GLNCY, GLP, GNRC, GOOG, GOOGL, GPCR, GPI, GPS, GRMN, GRVY, HAYN, HBAN, HD, HESM, HIBB, HII, HIVE, HMY, HON, HST, HUBS, HUT, ICFI, IIPR, IMO, INTC, INTU, IOT, IP, IQV, IREN, IRM, KEY, KEY.TO, KGC, KHC, KIM, KKR, KO, LHX, LI, LLY, LMT, LNG, LSPD, LYB, LZ, LZB, MA, MAMA, MANH, MARA, MCHP, MDB, META, MHK, MITK, MMM, MNDY, MNST, MO, MOGO.TO, MOS, MSFT, MTCH, NBN, NCLH, NDAQ, NE, NEM, NET, NKE, NOA, NOC, NRG, NSC, NSS, NTAP, NXT, NYT, OII, OLED, OR, OTEX, PANW, PATH, PAYX, PBA, PBR, PBR/A, PDD, PEGA, PG, PINS, PLTR, PM, PNC, PPG, PPL, PPL.TO, PPSI, PRU, PSI.TO, PWSC, PXT.TO, PYPL, RDY, REG, REGN, RELX, REPYY, RHP, RIOT, RL, RMD, RPD, RYAAY, SAP, SBAC, SDRL, SHEL, SIL, SKM, SKWD, SKX, SLV, SMAR, SN, SNOW, SO, SPG, SPGI, SQ, SRUUF, STLA, STN, STNE, STT, SUN, SWK, SYF, TBBK, TEAM, TFX, TM, TNET, TRAK, TROW, TRP.TO, TSCO, TSLA, TSM, TTE, TTWO, TWLO, U/UN.TO, UBS, UGP, ULTA, UNP, UPWK, URBN, USB, VERX, VFC, VIPS, VIV, VLGEA, VTR, W, WES, WFC, WGMI, WIX, WOR, WPM, WRK, WSM, XEL, XP, XPEV, ZION, ZS
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 – 2023-11-28.xlsx
ABX.TO, ABXX.NE, ACQ.TO, AD/UN.TO, ADW/A.TO, AEM.TO, AGI.TO, AIM.TO, ALS.TO, AMX.V, ARIS.TO, ARTG.V, ARX.TO, ASE.CA, ASTL.TO, ATZ.TO, AYA.TO, BAM.TO, BAM/A.TO, BDI.TO, BEP/UN.TO, BIPC.TO, BITF.TO, BN.TO, BTO.TO, BYD.TO, CAS.TO, CDR.TO, CEE.TO, CEF.TO, CG.TO, CGY.TO, CHE/UN.TO, CIA.TO, CJ.TO, CJT.TO, CKG.V, CLS.TO, CPLF.TO, CPX.TO, CS.TO, CSH/UN.TO, CURA.CA, D/UN.TO, DGHI.V, DIV.TO, DNG.TO, DOL.TO, DPM.TO, ECN.TO, EDV.TO, EFN.TO, EFX.TO, EIF.TO, EIT/UN.TO, ELD.TO, ELO.TO, ENB.TO, EQX.TO, ETHH.TO, EXE.TO, FDR.V, FFN/PA.TO, FHYD.V, FIL.TO, FISH.V, FN.TO, FOM.TO, FR.TO, FVI.TO, GEI.TO, GGD.TO, GLXY.TO, GMIN.V, GOLD.TO, GOLD.V, GOOG.NE, GOOS.TO, GRA.TO, GSY.TO, GTE.TO, GTII.CA, HIVE.V, HME.V, HPS/A.TO, HUT.TO, IAU.TO, IFC.TO, IMG.TO, IPCO.TO, ITR.V, JAG.TO, K.TO, KEY.TO, KNT.TO, KRR.TO, KSI.TO, KTN.V, LMN.V, LSPD.TO, MA.NE, MAG.TO, MCB.TO, MDF.TO, MDI.TO, MI/UN.TO, MKO.V, MNT.TO, MOGO.TO, MPCT/UN.TO, MSFT.NE, MTA.V, MVRS.NE, NFG.V, NFI.TO, NG.TO, NGD.TO, NGT.TO, NOA.TO, NOVR.V, NPR.V, NUAG.TO, NXR/UN.TO, OGC.TO, OGI.TO, OIII.V, OLA.TO, OR.TO, OSI.V, OSK.TO, OTEX.TO, PAAS.TO, PET.TO, PPL.TO, PRMW.TO, PRU.TO, PSI.TO, PSK.TO, PSLV.TO, PXT.TO, PYPL.NE, QBR/B.TO, RAY/A.TO, RCH.TO, RVLY.V, SEA.TO, SES.TO, SGD.V, SIL.TO, SIS.TO, SKE.TO, SLS.TO, SOIL.TO, SSL.TO, SSRM.TO, STLC.TO, STN.TO, SVI.TO, SVM.TO, SYZ.TO, TA.TO, TECK/B.TO, TFPM.TO, TGO.TO, TH.TO, THNC.TO, TIXT.TO, TKO.TO, TRP.TO, TSLA.NE, TSND.TO, TSU.TO, TUO.V, TXG.TO, U/U.TO, U/UN.TO, VGCX.TO, VLE.TO, VRNO.NE, VZLA.V, WDO.TO, WED.V, WELL.TO, WILD.TO, WJX.TO, WPM.TO, WTE.TO, ZZZ.TO
