5/11 Critical Resistance, Long List

Market Notes:

Last week the S&P 500 had a strong rally off of support. As earnings season winds down the S&P 500 is up against some old resistance from last August.

The VIX remains relatively low this morning in a positive sign for the bulls. Futures are drifting lower ahead of the open. We may be entering summer with lower volatility, I think the market is waiting on the next catalyst.

Bitcoin failed to hold $10,000 this weekend. The halving is tomorrow. On watch but no trade planned at this point.

Watchlist:

RVP is a low float with resistance in the $5.30s

NBSE is a low float with resistance at $8.85

TORC is a lowish float Resistance at $2

PRTS is an earnings winner, lowish float, watching for some volume to come in first

VUZI another lowish float, support at $2.50, resistance at $3

MARK has resistance at $1.18

MCRB has support at $4.50

ZEST watching for a setup above $1.40

VHC watching for a continuation

BCRX has support at $4.30

SWN watching for a setup above $3.25