| | | | | Today’s TBUZ TV
🚨 The “1205 Indicator” 🚨
Every day at 12:05 PM ET, something strange happens…
SPY, QQQ, IWM, GLD & USO often start to move with purpose.
No guessing headlines. No chasing the news.
Just a clean setup based on real-time action in the most liquid names out there.
Tom’s been trading this pattern for years—and it’s still one of his most consistent.
💥 Click here to check it out while it’s still live  Market Editorial - Chuck Crow
Highlights
The new all-time high of this market is 6333.25. This week though, the market has been moving away from that level.
Delta Air Lines, Inc (DAL)
DAL on Monday traded up to 51.70 and down to 49.19. The stock climbed a little on Tuesday to 51.83, but finished the day at 50.67. The market’s move above 51.40 puts the target at 52.08. The drop down to 49.19 adds unwanted risk. Tuesday’s low at 50.42 could be a better support number, but it needs to hold on Wednesday.
Constellation Brands, Inc (STZ)
STZ traded down to 169.12 so far this week, but is still above Wednesday’s 168.00 support. The broader markets pause could put that 168.00 support number as a danger to STZ.
Walgreens Boots Alliance (WBA)
WBA moved higher on Monday to 11.56 and pulled back to a low at 11.47 on Tuesday. The stock has been trying to move higher, but Tuesday’s high was 11.54. The stock could extend the rally with a new high of the week above 11.56, but watch out for a possible pull back to support at 11.43.
Cisco Systems Inc (CSCO)
CSCO is still staying above last week’s double bottom at 68.18. The stock has not made a new high though since the 69.78 high on June 30.
Super Micro Computers (SMCI)
SMCI dropped on Monday to a low at 46.22. That is the second time the market traded below the low of the previous week. The stock continues to bounce off of the lows. If it stays below last week’s high at 50.55 then this one should have profits taken before the end of the week. Also, consider 46.20 to be an ABO number now.
The Broader Market
Back to a full week, so we have three days to go to finish the market. On Monday the market dropped to 6246.25 just above the open of the month at 6245.75. A move below the open of the month would change the market. The low of July is at 6227.25. 6245.75 is your pivot, and 6227.25 is support.
News for the Week
Probabilities for the Week
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*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
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