AREX generated another red weekly close, the 6th in a row and the 7th out of the last 8 weeks but no new lows below the recent intra-week low at 6.55 was seen. The stock did generate a negative reversal week, having gone above the previous week's high and then closing below the previous week's low, suggesting the bears still have a strong edge. As such, short-term pivotal resistance is now found at the 7.30 high seen this past week. Weekly close support is pivotal at 6.48, though on an intra-week basis the 6.22 and 6.09 levels are support. The probabilities still favor the bears but less so than the past few weeks.

ARNA bulls were unable to confirm the break above the 200-day MA, currently at 4.30, having gone above last week's high but then generating a negative reversal as well as a close on the lows of the week, suggesting further downside below last week's low at 4.10 will be seen this week. The action seen has to be considered a negative sign that suggests the stock will continue lower with closure of the breakaway gap between 3.59 and 3.66 as the objective. There is a possibility the stock is just stuck in a trading range between 3.85 and 4.45 and that it will continue to trade in that range until news comes out. The support at 4.09 is somewhat pivotal for the beginning of the week because if it holds up, then the bulls will get some chart ammunition to attempt a new break of the 200-day MA. Nonetheless, if 4.09 is broken, it will mean the bears are still fully in control and that the bulls are playing a defensive game.

COF generated a spike rally this past week after the bulls were successful in making a new 9-year high, above the previous high at 85.39/85.68. The stock closed near the highs of the week and further upside above last week's high at 87.94 is likely to be seen this week. Resistance is found at 88.58, at 89.14 and at the all-time high at 90.04. The bulls have the edge right now and the probabilities are high that the 90.04 all-time high will be tested. Nonetheless, without the indexes making new highs themselves, it is unlikely the stock will be able to make a new high itself. The previous high at 85.68 is likely to be tested at some point, perhaps even this week. The chart seems to suggest though, that the stock will be in a trading range between $80 and $90 for the next few months.

ENG continued to slide downward, having made a new 8-month weekly closing low this past week. The stock closed near the lows of the week and further downside below last week's low at 1.42 is likely to be seen. Intra-week support is found at 1.32 but on a weekly closing basis, the 1.42 level is considered decent support. The stock is somewhat mimicking the 23-week action seen between November 2013 and April 2014 between 1.88 and 1.32, suggesting that if the 1.32 level is seen this week but holds up, that the stock will start moving higher (though in a slow manner) for at least another 6 weeks.

FCEL made a new 25-month weekly closing low on Friday, having closed below the 1.12 level seen in January of this week. The weakness came after the bulls failed to close the gap at 1.20, generated after the earnings report came out. On an intra-week basis, the previous low seen in January at 1.05 has not been broken yet. Nonetheless, having closed near the lows of the week, the probabilities of that low being seen this week is high. This coming week is pivotal, inasmuch as a break below 1.05 would likely cause the stock to move back down to the .80-1.00 range where the stock traded between September 2011 and April 2013. On the other side of the coin, if the stock gets down to 1.05 and the bulls can generate a positive reversal week and a close above 1.12 next Friday, it would be seen as a strong double bottom on both the intra-week and weekly closing chart. The probabilities do favor this latter scenario, if for no other reason than the company is in better shape fundamentally than it was back in 2001/2013 and a return to those prices seems unlikely to occur.

FSLR continued to trade around the important psychological support/resistance level at $50, as the traders await further news on what the general market is going to do. The stock did make a new 14-week low on Tuesday but no follow through was seen and the traders promptly got back to an idling phase awaiting new news. Minor resistance is found at 51.74/51.87 and then nothing until the bottom of the gap between 53.03 and 54.90 is reached. Support is now found between 49.01 and 49.26. Probabilities continue to favor the stock being in a $47-$53 trading range but as to what level is tested first is dependent on what the market does. Closure of the gap at 54.90 would be a strong positive.

NFX bulls did make a new 3-week high but were unable to get above the high seen on May 21st at 38.45, suggesting the bears still have a slight edge. The stock did close on the lows of the week and further downside below last week's low at 36.59 is likely to be seen this week. Minor intra-week support is found 36.11 and a bit stronger and short-term pivotal is at 35.48. Further support is found at 34.98 and at 33.96. Weekly chart continues to suggest that the probabilities favor the 200-week MA, currently at 31.90, being tested. A rally above 38.45 would now be considered a decent positive.

SINA saw follow through to the previous week's strong rally and did close above the 200-week MA, currently at 58.00. The stock closed on the highs of the week and further upside above last week's high at 60.94 is expected to be seen. The close above the MA line will be a strong positive if the resistance at 61.75 is broken and another close above the line is seen next Friday. Nonetheless, the $60 level has proven to be a decent resistance level since 2012 and the fundamentals factors do not yet support the bulls making that kind of a statement. Closest support of any consequence is not found until 51.26, meaning that if the bulls fail to get above 61.75 this week, the stock could generate a decent move down thereafter.

TOL generated a positive reversal week, having gone below the previous week's low and then closing above the previous weeks' high. In addition, the stock closed near the highs of the week, suggesting further upside above last week's high at 37.83 will be seen this week. Intra-week resistance if found at 38.96 but on a daily closing basis the resistance is at 38.04 that if broken would suggest the $40 level will be revisited. Support is now at 36.62 that if broken would turn the tables back to the favor of the bears. Probabilities are about even right now with the stock likely to follow whatever the indexes do.

XOM bulls attempted an early week rally, having made a new 11-day high above the previous high at 85.89 (got up to 85.97). Nonetheless, the new high failed to generate any follow through buying and the stock reversed to generate another red weekly close (the 5th in a row) and on the lows of the week, suggesting further downside below last week's low at 83.86 will be seen this week. Intra-week support is found at 82.68 that is likely to be seen this week. A break below that level will offer at least an $80 objective. Likely pivotal resistance is now found at 85.97. Probabilities favor the bears.