Watch List April 7th

Good Morning,

Yesterday we saw a rather indecisive market which is not at all unusual as we sit on all time high resistance. The major indices spent a good portion of the day in green territory but closed slightly red on the day. The VIX closed green on the day and started a TTM Squeeze. Today we have the FOMC minutes at 2 PM, which is a potential market moving event, and I will likely be more focused on day trades until the minutes are out and we see a move and a counter move after the release of the minutes. Here are a few names that I will be watching today:


MAR is a get back out there name that is consolidating along its sma20 and vwap anchored to the February highs in a TTM Squeeze on the daily. I like this on a pullback to that anchored vwap at a49.30 for a push up to $160 or higher


OMC is consolidating along its sma20 and vwap anchored to the March highs in a TTM Squeeze on the daily. I like this on a pullback to that anchored vwap around $76 for a push up to $80 or higher


RF is consolidating along its sma20 and vwap anchored to the February highs in a TTM Squeeze on the daily and building a nice base of anchored volume by price. I like this right where it is around $21 for a push up to $23 or higher


SAVE is consolidating along its sma20 and vwap anchored to the February highs in a TTM Squeeze on the daily, I like this on a pullback to anchored vwap around 37.75 for a push up to $41 or higher


WU is consolidating along its sma20 and vwap anchored to the March highs in a TTM Squeeze on the daily. I like this on a pullback to that anchored vwap level at 24.80 for a push to fill the gap above around $28






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