ARNA continued its recovery, having made another green weekly close (3rd in a row) and closing in the upper half of the week's trading range, suggesting further upside above last week's high at 50.09 will be seen this week. The upside objective is the 200-day MA, currently at 51.10 and the weekly close breakdown point at 50.93, both of these being important on a closing basis. Support on a daily closing basis will now be found between 46.70 and 47.00. Probabilities favor the bulls this week.

AU generated an inside week but a green close and on the high of the week, suggesting further upside above last week's high at 21.01 will be seen this week. Intraweek upside objective is anywhere from 21.50 to 21.74. Nonetheless, if the bulls can generate a weekly close above 21.91 next Friday (or any Friday), it will be a bull statement. Short-term pivotal support is found at 19.53 and longer term at 18.04 that if broken would be a signal that the mid-term uptrend is over. If 18.58 is broken, a drop down to 18.08 will likely be seen. Gold closed on Friday below $1499, suggesting the gold market is on pause right now awaiting new news. Probabilities slightly favor the bulls this week.

CRON generated a positive reversal week, having made a new 51-week low and then going above the previous week's high at 9.06 and closing in the green, The stock saw an intraweek spike up rally of over 20% on Thursday as a couple of big buy orders by hedge and institutional funds were processed. Nonetheless, the rally was not confirmed as the stock gave back 18% of the rally the same day and all of the rally by Friday, to close in the lower half of the week's trading range, suggesting further downside below last week's low at 7.40 is slightly more probable than a rally above last week's high at 10.56. It is probable though, that an inside week will occur as the 7.40 low has all the earmarks of a bottom. The first course of business for the week will likely be a drop below Friday's low at 8.28 but if the 7.82 level is not broken, some chart buying interest is likely to be seen and a rally to test the week's high is likely to follow. The probabilities favor the bulls this week as the stock is severely oversold and has no company negatives other than what is occurring to the industry. The 9.44 level is the upside week's objective.

DD generated an uneventful inside week. The stock generated a green weekly close but it was meaningless other than the fact that the stock closed near the low of the week, suggesting further downside below last week's low at 64.52 will be seen this week. The stock remains under bear control though the recent support at 64.60 still needs to be broken to stimulate further downside of consequence. Downside objective is the $56-$60 level that if reached, consideration should be given for taking profits. To the upside, pivotal resistance is now found at 67.82 that if broken would suggest further upside up to $70-$71 would be seen. Probabilities favor the bears.

DIS received some good news regarding their streaming service as well as the announcement of new toys for the holiday season. The stock rallied 2.6% from the previous week's close and on Thursday, generated a failure signal against the bears when the stock closed above the daily close breakdown point at 131.34. Nonetheless, that failure signal was negated on Friday, as well as not confirmed on the weekly closing chart, when the stock closed on Friday at 130.89, which was also below the weekly close breakdown point at 131.67. If the stock generates a red weekly close next Friday, the breakdown point will have been tested successfully, giving the bears new ammunition for a drop down to the $118-$120 level. Important and pivotal intraday and daily closing support is found at 127.54 that if broken will not only generate a new sell signal but also a break of the 200-day MA, currently at 128.13. The stock closed near the low of the week, suggesting further downside below last week's low at 129.40 will be seen this week. If that occurs, last week's high at 133.44 will become a decent and highly pivotal resistance level. Probabilities favor the bears.

ENG generated an uneventful weekly close, closing $.01 cents below last week's close. Nonetheless, the stock did go below last week's low at .96 with a low at .93 but then reversed to close near the high of the week, suggesting further upside above last week's high at 1.04 will be seen this week. If that occurs, last week's low will become a necessary/required retest of the recent low at .90 and should stimulate new buying interest. A break above 1.10 would likely be a signal that the previous uptrend has resumed. Pivotal support is now found at .90. Probabilities favor the bulls.

FNV generated for the second time in the last 4 weeks a positive reversal week, having gone below the previous week's low and then closing green and near the high of the week, suggesting further upside above last week's high at 93.83 will be seen this week. Nonetheless, the chart is presently favoring the bears, inasmuch as an inverted pyramid flag formation is now in place that if the bottom of the flag at 90.09 gets broken, the downside target would be 85.72. By the same token, if the top of the pyramid flag at 96.92 is broken to the upside, the uptrend would likely resume. Much like with the Index market, it likely depends on the resolution of the present sideways trend after the earnings reports are out and the interest rate cut is announced. Probabilities favor a slight bias to the upside this week but with an objective of 95.00. This coming week is not likely to be indicative.

MDT bulls were able to get above the previous week's high, opening the door for the mini rally seen last week to be the required/needed retest of the all-time high at 112.05. The stock closed in the lower half of the week's trading range, suggesting a slightly higher probability of going below last week's low at 107.31 than above last week's high at 108.98. If that does occur, last week's high will become the retest of the all-time high and selling interest should increase. If last week's low is broken, a drop down to 106.08 is likely to occur. Pivotal support is found at 105.00 and some resistance is found at 109.70 that if broken would suggest the all-time high would be tested. Probabilities favor the bears this week but only for a drop down to the 106.00 level.

SRUTF did not follow through on the previous week's close on the low of the week and did generate a green weekly close and slightly in the upper half of the week's trading range, suggesting a bottom may have been found and that further upside above last week's high at .30 will be seen this week. The stock has now generated 7 weeks in a row of less than $.035 trading ranges and overall has traded within a $.09 trading range, strongly suggesting that selling interest has begun to wane given that the previous 7 weeks to the last 7 weeks, the trading range was $.24. The stock this close in the upper half of the week's trading range, suggesting further upside above last week's high at .30 will be seen this week. A daily close above .34 will generate some short-covering. A daily close below .255 would further weaken the chart. The probabilities slightly favor the bulls this week.