ARNA had a very uneventful week but did close near the low of the week, suggesting some downside below last week's low at 45.85 will be seen this week. There is some short-term pivotal support at 44.31 and longer term pivotal at 43.09. Pivotal resistance is found at 49.78. Probabilities favor more of the same as seen recently, at least until the following week when traders get more involved.

AU made a new 2-month intraweek and weekly closing high last week and closed near the high of the week, suggesting further upside above last week's high at 22.50 will be seen this week. The stock closed near a short-term pivotal weekly closing level at 22.14 that if broken would suggest further upside and above the 6-year intraweek high at 23.85 will be seen. Gold was strong last week but also just failed to give a new buy signal on the weekly closing chart, meaning this coming week does have importance as a green weekly close above 1518.50 in Gold and above 22.14 in the stock would confirm that further upside is coming. Daily close support is found at the $20 demilitarized zone that should no longer be broken if Gold has seen its correction and is now resuming the uptrend. Probabilities favor the bulls.

COF confirmed with a second red weekly close in a row that the weekly close seen 3 weeks ago at 104.37 is now a successful retest of the all-time high weekly close at 105.43 seen in January 2018. The stock closed very slightly in the lower half of the week's trading range, suggesting a slightly higher possibility of going below last week's low at 102.47 than above last week's high at 103.74. By the same token, the stock did generate a minor sell signal on the daily closing chart in which the breakdown point was retested successfully on Thursday, even more suggesting the bears have a slight edge this week. There is short-term pivotal support at 101.28 that if broken would suggest the previous spike high daily close at 98.08 would be tested. Intraweek resistance is found at 104.34 that if broken would likely mean the recent intraweek high at 105.70 would be tested. Probabilities favor the bears this week.

CRON generated an uneventful inside week and a close that was just slightly below the midpoint of the week's trading range, suggesting a slightly higher probability of going below last week's low at 6.76 than above last week's high at 7.15. Nonetheless, unless the short-term intraweek support at 6.56 is broken, the stock is mostly marking time until the New Year begins when traders will resume trading. Pivotal resistance is found at 7.57 that if broken would suggest the bulls have gained the short-term edge. Probabilities favor more of the same as last week with nothing of any consequence occurring.

ENG generated an uneventful inside week but it does slightly favor the bears given that some follow through to the upside should have been seen this past week. Nonetheless and using the daily and weekly closing charts, the stock remains in "no-man's land" with no clue as to what direction will be seen when the New Year starts. On a weekly closing basis, pivotal support is found at .90 and resistance at 1.11. With the stock closing at .99 on Friday, there is no indication of either one likely to be broken this week. Probabilities favor another uneventful week this week.

FNV made a new all-time intraweek and weekly closing high this week and closed near the high of the week, suggesting further upside above last week's high at 103.87 will be seen this week. The new all-time high weekly close makes the previous one at 99.04 as a support level that should not be broken if the stock is to continue the 15-month rally. Daily close support is now found at its previous all-time high at 100.94, meaning that 2 closes in a row below that level would weaken the chart. Probabilities favor the bulls but keeping a watch on Gold should be done.

GS generated another new 15-month intraweek and weekly closing high and the stock closed in the upper half of the week's trading range, suggesting further upside above last week's high at 232.21 will be seen this week. The stock did break the decent weekly close resistance at the $230 demilitarized zone, meaning that if another green close is seen next Friday, the breakout will be confirmed and further upside seen. Nonetheless, the stock closed on the low of the day on Friday and the first course of business on Monday will be to the downside. Short term pivotal support is found at 228.41 that if broken would suggest a drop down to the $223 level would be seen. Pivotal intraweek resistance is found at 234.06. Probabilities slightly favor the bulls this week but with no intraweek breakout or breakdown occurring. Next week's close on Friday could be indicative. Any close next Friday below 229.70 would be a bear sign.

IBM generated an uneventful inside week and a close in the middle of the week's trading range, meaning that no clue as to what the traders will be doing this week, or even if they will do anything. The daily chart is showing a double high at 136.15/136.42 that makes the chart lean toward the bears. In addition, the stock has traded totally sideways for the past 7 weeks in spite of the indexes making new highs every week and that is an overall negative of consequence, especially when it is the Tech industry that has led the rally and the company is in that sector. Short-term pivotal resistance is found at 136.42 and short-term pivotal support is found at 133.46. Probabilities favor more sideways action this week.

SGMO generated another red weekly close, the 3rd in a row since the news came out. The stock did close near the low of the week and further downside below last week's low at 8.31 is expected to be seen. Nonetheless, on an intraweek basis, the stock did get above last week's high and the red weekly close was only by $.05 cents, suggesting that there is buying interest at the previously established support at the $8 level. If the stock does get below last week's low but not below the low at 7.86 seen the week before and then generates a green weekly close next Friday, the probabilities of a successful retest of the support at the $8 demilitarized zone will be high. Probabilities do slightly favor that scenario.

SRUTF continues to languish without any buying interest being shown. The stock made a new all-time weekly closing low and closed on the low of the week, suggesting further downside below last week's low at .1450 will be seen this week. Nonetheless, the all-time intraweek low is at .1405 so if the stock does go below last week's low but does not make a new intraweek low, a bit of new buying interest might be stimulated. By the same token and on a possible positive fundamental basis, a Cannabis derivatives law and campaign was approved in Canada and the launch of that occurred just 2 weeks ago and the company is in that part of the industry, meaning that if that starts to show some success, it would change the chart outlook. The Cannabis derivate market (such as edibles, infused beverages, vapes, topicals and concentrates) offers higher profits than just the plant itself and that is the industry the company is in. As such, there is a decent chance that some information about the success (or lack of it) will start coming in over the next few weeks. With the stock severely depressed and oversold to the max, any good new will cause a spike up to occur. Minor resistance is found at .18 and then a tiny bit stronger at .189 and then again at .202. Nonetheless, any break above .202 will like generate a rally all the way up to .254 and such a rally would be a clear signal that a bottom to the downtrend has been found. Support is now found at .14 and at .145 that if broken, would mean the bears remain in clear control. Probabilities slightly favor the bulls this week.