5 Trade Ideas for Monday: Bank of America, Caterpillar, CME, Illumina and Norfolk Southern

• Posted by Greg Harmon
• on June 22nd, 2025

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

Bank of America, Ticker: $BAC

Bank of America, $BAC, comes into the week at resistance. It has a RSI rising in the bullish zone with the MACD positive. Look for a move over resistance to participate…

Caterpillar, Ticker: $CAT

Caterpillar, $CAT, 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…

CME Group, Ticker: $CME

CME Group, $CME, comes into the week at resistance. It has a RSI rising at the midline with the MACD curling to cross up. Look for a push over resistance to participate…

Illumina, Ticker: $ILMN

Illumina, $ILMN, comes into the week breaking resistance. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…

Norfolk Southern, Ticker: $NSC

Norfolk Southern, $NSC, 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…

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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 FOMC meeting in the books, equity markets showed some profit taking and a drift slightly lower.

Elsewhere look for Gold to continue its uptrend while Crude Oil joins it with a short term trend higher. The US Dollar Index continues a short term move to the downside at 3 year lows while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue in consolidation while Emerging Markets may be stalled in their break to the upside.

The Volatility Index looks to continue in the normal range making life easier for equity markets to the upside. Their charts show short term strength on the longer timeframe with possible digestion in the shorter timeframes. The IWM continues to lag the SPY and QQQ in recovery in price. The classic “V” recovery continues to build in all 3 Index ETFs as the SPY and QQQ hold just shy of their all-time highs but with possible short term pauses. 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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