3M Co (NYSE:MMM) is collapsing today, dropping to $180.14 -1.28 (-0.71%). This is following an all-time high yesterday. While most investors marvel at the stock move and want to buy, it is probably one of the freakin' biggest shorts or sells out there in the universe. There are so many negative indicators on all time frame that I literally get excited (in more ways than one) when I look at it. Let's go over it.

1. There was a bull flag on the daily chart going into yesterday. This normally signals significant further upside. Yesterday, the stock surged early, then gave up 100% of the move to close flat. Technical traders understand this signals a failed breakout. Failed breakouts usually result in a significant sell signal. Coming off all-time highs, this could mean a multi-year high and 20% correction in the next six months.

JPMorgan Chase & Co. (NYSE:JPM) has been in a trading range for over a year known as a triangle pattern. I call it a heaven or hel! pattern setup because the move upon breaking the triangle can be huge!

What Does The Triangle Mean?

It means JPM is going to break one way or the other in the next few weeks. This is simply because the triangle lines will come together and the stock will be forced to move outside the lines. Essentially it will squeeze the stock until it pops out one way or another.

How Do You Play It?

The first thing to do is patiently wait until the stock either breaks out towards heaven or breaks down to hel!. The send the daily chart closes above or below the line make the trade. Obviously, if it closes above the breakout line (down-sloping trend line) buy JPM. If the stock closes below the breakdown trend line (up-sloping trend line) short it.

China’s leading aviation IT solutions provider streamlines and enhances passenger sales and service applications via modular open systems solution

London, UK., July 21, 2016– Unisys Corporation (NYSE: UIS) today announced that TravelSky has successfully cut over to the Unisys AirCore next-generation passenger system to streamline and modernise passenger sales and service (PSS) applications for its airline clients.

TravelSky is the leading provider of information technology solutions for China’s air travel and tourism industry and provides the reservations, inventory and departure control systems used by China's air carriers. The migration of its inventory and schedule management systems marks the completion of key components in the modernisation of TravelSky’s next generation PSS.

Unisys provided end-to-end solutions and services for this program including requirements analysis, design, development, testing and implementation across several applications including schedule management and inventory control. Air China is the first of TravelSky’s airline clients to migrate to the new system, generating approximately 50 million flight queries and one million booking requests per day.

Intel Corporation (NASDAQ:INTC) is rallying sharply. They report earnings after the market closes today. Analysts expect earnings per share of $0.53 on revenue of $13.54 billion.

Intel Corp. is likely going to sell off on earnings today. Why? The chart just tagged a HUGE resistance point on the chart after rallying for three straight weeks. This creates an extremely overbought chart setup plus mega resistance tagged. To give it some perspective, Intel rallied from $30.50 on June 27th to a high today of $35.93. This is a 17.8% surge. Historically, INTC rarely moves that much in a year, let alone three weeks. While there is always risk on earnings, my money is in the camp of a sell off.