FX, Equities Watchlist - Bullish on US stocks

Below are a few charts that I'm currently looking at. Whether the reversals on Friday were due to short covering before the weekend or the start of a bigger move (which weekly divergence on the Dollar Index suggests) remains to be seen. This is why I'm not looking to get into too many positions right now but rather wait for price action to confirm what trend the market is in. Remember the first rule of trading is to: Not Lose Money.  This is Warren Buffets number one rule, his second rule is to follow rule number one!

Over the last few months I have been posting about the US stock market and how it is in for a seasonally bullish period due to the US elections. I know some of you have caught some of the rallies in the stock indices, so congratulations. I've added some US equities I am currently looking at. Remember that anything other than price actions is a potential bias and additional edge.....price action has to support our decision making process as that is what is happening right now.

Good luck!

AUDJPY - In the middle of a 3 year range, price has broken through a level of resistance 50% of the range. Potential target is to the upper range around 88.00 and an additional bonus is we are the right side of the carry.

AUDNZD - I've put this chart up a few times stating that this currency is poised for a potential break. Some of you have already positioned yourself for the break as have I. However, look for a break of resistance at 1.0350-1.0380 to target the next highs. 

DJIA (Dow Jones Industrial Average) - Bullish low test engulfing bar suggests a potential break of this year's highs. 

KO (Coca-Cola) - Strong cyclical uptrend, buy on dips to levels of support (moving averages, previous highs, etc)

XOM (Exxon Mobil Corp) - This looks poised for a break through resistance at 88.40. Target the all time highs at 95.00. This is in line with a potentially bullish bias on the US stock indices.