5 Trade Ideas for Monday: Affirm, Dexcom, Gilead, Old Dominion and UPS

• Posted by Greg Harmon
• on May 31st, 2026

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Affirm, Ticker: $AFRM

Affirm, $AFRM, comes into the week rising above consolidation. It has an RSI in the bullish zone and the MACD positive and crossed up. Look for continuation to participate…

Dexcom, Ticker: $DXCM

Dexcom, $DXCM, comes into the week approaching resistance. It has an RSI in the bullish zone and a MACD positive period look for a pushover resistance to participate…

Gilead Sciences, Ticker: $GILD

Gilead Sciences, $GILD, comes into the week approaching resistance. It has an RSI at the edge of the bullish zone with the MACD about to turn positive. Look for a push over resistance to participate…

Old Dominion Freight Lines, Ticker: $ODFL

Old Dominion Freight Lines, $ODFL, comes into the week approaching resistance. It has an RSI in the bullish zone and a MACD positive period look for a push over resistance to participate…

UPS, Ticker: $UPS

UPS, $UPS, comes into the week approaching resistance. It has an RSI in the bullish zone and a MACD rising and positive. Look for a push over resistance to participate…

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the month of May in the books and heading into a non-farm payroll week, saw equities continue to show strength, printing more new all-time highs.

Elsewhere, look for Gold to continue walking the fence between a downtrend and digestion in the uptrend while Crude Oil bounces around in tightening consolidation around $100/bbl but near a change of character to a downtrend. The US Dollar Index looks to continue to drift higher in broad consolidation while US Treasuries continue to test support in consolidation after avoiding a shift in character. The Shanghai Composite looks to continue digestion in the short term uptrend while Emerging Markets make new highs in their uptrend.

The Volatility Index looks to continue lower in the normal zone, giving a tailwind to equities. The charts of the SPY, the QQQ and the IWM continue to look extremely strong on the longer timeframe with a 9th positive week for the SPY. On the shorter timeframe the SPY, the QQQ and the IWM also look very strong, with all printing all-time highs to start the week and then again Thursday. The SPY and QQQ ended with a 3rd record while the IWM was just short of joining them. Use this information as you prepare for the coming week and trad’em well.

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The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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