5 Trade Ideas for Monday: Allstate, Deere, Honeywell, Constellation Brands and UPS

• Posted by Greg Harmon
• on March 8th, 2025

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

Allstate, Ticker: $ALL

Allstate, $ALL, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Deere, Ticker: $DE

Deere, $DE, comes into the week racing toward the all-time high. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…

Honeywell, Ticker: $HON

Honeywell, $HON, comes into the week approaching resistance. It has a RSI rising through the midline with the MACD negative. look for a push over resistance to participate…

Constellation Brands, Ticker: $STZ

Constellation Brands, $STZ, comes into the week at resistance. It has a RSI in the bullish zone with the MACD negative. Look for a push over resistance to participate…

UPS, Ticker: $UPS

UPS, $UPS, comes into the week approaching resistance. It has a RSI rising into the bullish zone with the MACD about to ross to 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 first week of March in the books, saw equity markets take a beating as the first tariffs were enforced.

Elsewhere look for Gold to continue its consolidation just under all-time highs while Crude Oil drops in consolidation. The US Dollar Index continues to move to the downside while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue the consolidation while Emerging Markets consolidate in a broad messy chop.

The Volatility Index looks to rise, making the path easier for equity markets to the downside. The charts of the SPY and QQQ continue to look strong on the longer timeframe. On the shorter timeframe both the QQQ and SPY are weak and vulnerable for more downside. This could shift the long term look over the next few weeks. The IWM looks weak on both timeframes, leading to the downside. Use this information as you prepare for the coming week and trad’em well.

If you like what you see above sign up for deeper analysis and trading strategy by using the Get Premium button above. As always you can see details of individual charts and more on my StockTwits page.

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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