Halliburton (NYSE:HAL) has been crushed recently, coming off its highs is the $70’s to trade down to near $30 per share. The stock is moving down to retest the lows, and this offers an entry opportunity into a high probability reversal pattern.

(EUR/USD) is building a complex correction on its daily chart and the odds are too muddy to provide a quality forecast at this time. We are expecting price to fall down to test the ivory zones, and at that time we hope to be able to upgrade our forecast to “green” status.

The S&P 500 index proxy (SPY) is still showing bullish energy that keeps our forecast stable…We are looking for a move back up into the ivory area, then a lower high and a breakdown to new lows.

Norfolk Southern (NSC:NYSE) is a company that engages in the rail transportation of raw materials, intermediate products, and finished goods. This stock has been hammered down over the last few quarters and is showing signs of reversal. This trade, like many in recent weeks is likely to rally in the short term, but the odds…