Charts on INTC, LOCO, OXY

 

INTC off nicely from the high, but still looking for lower to fill out a nice right shoulder in an IHS as wave 2.

 

LOCO reports after close. It is not clear if wave 4 has completed yet, but overall LOCO still needs a 5th wave down before a potential bottom.

 

As long as OXY hold 68.40s it should head into the upper reaches of the previous measured move yellow box