FXI | MON | POT | SPY

What a difference a day can make. It's already time to revisit some recently mentioned setups.



FXI: Overbought. Overall, nice looking chart for the longer-term.















MON: Oversold. Monsanto is among a list of stocks that got hammered after reporting good numbers and raising their outlook. All else equal, it is simply presenting an opportunity.













POT: Another example of a stock that just got hammered after reporting good numbers and raising their outlook. The difference here is the enormous amount of volume that traded today - proceed with caution.












SPY: I thought the bulls were going to do it today but the 139/140 resistance continues to hold. I think it will break sooner than later, especially if XLF can string together another couple days like it did today....