Oh, Deere!
There is not much to do today from an intraday trading perspective after the manic opening and now the depressive sideways action, but it is a good time to watch for late-day outcomes that may be good trading lessons for the future. The session could continue on its horizontal course and end with a whimper, or the machines could take over and bring volatility for an ending with a bang.
Meanwhile, I'm watching Deere's (DE) five-minute chart to see how it reacts to broader market action. Let's start with the daily chart, which shows the completion of a head-and-shoulders bottom this month and a break above neckline resistance this week....222 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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