Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Major Indexes At Overhead Resistance, 6 Positions

Major Indexes At Overhead Resistance, 6 Positions

03/12 8:45am This morning, futures are pointing to a MIXED opening.

Major indexes are trading at overhead resistance levels and finding difficulties producing robust gains. Pullbacks on light volume would be healthy for stocks to digest gains and rebuild momentum. Numerous leading stocks remain extended.

Focus is on stocks holding ABOVE 50 & 200dMA (meeting CRITERIA).

Selective Chartists Positions (with BUY price):
Jazz Pharm (NASDAQ:JAZZ) $49.90 (Buy #1)
Jazz Pharm (JAZZ) $50.10 (Buy #2)
Jazz Pharm (JAZZ) $50.81 (Buy #3)|

Herbailfe (NYSE:HLF) $69.25 (Buy #1)
Herbalife (HLF) $69.99 (Buy #2)

Monster Bev. (NASDAQ:MNST) $59.17

VIEW Weekend Reports: Brinker, Herbalife, Monster Bev.

Stock Focus List 03/10 -

http://www.selectivechartists.com/analysis/stock-focus-list/brinker-herbalife-monster-bev/

Stock Analysis 03/10 - Herbalife (HLF) Advancing $69.29

http://www.selectivechartists.com/analysis/stock-analysis/herbalife-advancing-69-29/

Big Picture Snapshot 03/11- Major Indexes & Sectors

http://www.selectivechartists.com/analysis/big-picture-snapshot/nasdaq-russell-2000-sp-500-indexes-4/

View the charts: New Version of StockCharts

http://stockcharts.com/publiclists

Disclosure: I am long JAZZ, MNST, HLF.