SYS Research – US Daily Setups – Wednesday, October 18, 2023

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 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.

US Daily Setups

COST – Costco Wholesale Corp.

After a significant whipsaw, the Costco setup has returned to its recent highs. Keep a watchful eye for the continuation of the uptrend.



DRS – Leonardo DRS, Inc.

The Leonardo DRS setup continues to demonstrate signs of upside strength following its base breakout.



NOG – Northern Oil and Gas, Inc.

Northern Oil and Gas is still in the setup phase in the form of a bull flag continuation pattern.



VERX – Vertex Inc.

Vertex has just performed a bull flag retest of the recent base breakout. Pay attention to the bullish volume profile that persisted throughout the basing pattern.



WDOFF – Wesdome Gold Mines Ltd.

Wesdome Gold Mines is still in the setup phase on the right side of its bottoming base. Keep a close eye on it for a potential breakout.



XLE – Energy Select Sector SPDR Fund

The Energy Select Sector SPDR Fund ETF continues to surge from the handle highlighted over the weekend. Price action is now approaching its recent highs. Keep a close watch for a potential breakout.



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 for further analysis and tracking or copy and paste the ticker list into your chart provider.


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