5 Trade Ideas for Monday: CBOE, Freeport-McMoRan, JinkoSolar, Teck Resources and Voya

• Posted by Greg Harmon
• on February 9th, 2025

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

Cboe Global Markets, Ticker: $CBOE

Cboe Global Markets, $CBOE, comes into the week at short term resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Freeport-McMoRan, Ticker: $FCX

Freeport-McMoRan, $FCX, comes into the week approaching resistance. It has a RSI at the midline with the MACD crossed up. Look for a push over resistance to participate…

JinkoSolar, Ticker: $JKS

JinkoSolar, $JKS, comes into the week pushing up towards resistance. The RSI is rising to the midline with the MACD crossed up. Look for a push over resistance to participate…

Teck Resources, Ticker: $TECK

Teck Resources, $TECK, comes into the week approaching resistance. It has a RSI rising over the midline with the MACD about to cross to positive. Look for a break of resistance to participate…

Voya Financial, Ticker: $VOYA

Voya Financial, $VOYA, comes into the week at resistance. The RSI is rising 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 first week of February in the books, saw equity markets show resilience with a rebound from an ugly start anticipating tariffs.

Elsewhere look for Gold to continue its assault on $3000/oz while Crude Oil falls in consolidation in a broad range. The US Dollar Index looks to pause in the drift to the upside while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue to consolidate while Emerging Markets continue a short term move lower.

The Volatility Index looks to remain low and stable, making the path easier for equity markets to the upside. Their charts look strong, especially on the longer timeframe. On the shorter timeframe consolidation ranges continue to hold the QQQ and SPY just under all-time highs with the IWM consolidating at resistance. 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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