In this Thursday analysis, we take a look at the broad market ETF’s as they seem to be exhausted at these levels. As usual, biotech has taken the lead with a big move down into Friday’s trading as the bearish candles just started to form on SPY and QQQ.
In this Thursday’s analysis, we take a look at the TrendSpider platform with one of our partners, iLuvStocks with Vegas and Jim.
In this Thursday’s analysis, we take a look at a few tickers that look interesting into Friday as well as a few features that are very useful to track the price action moving forward.
In this Thursday’s analysis, we take a look at the broad market ETF’s as they all three broke down through the daily SMA (20) today. Is this a technical fakeout before the next leg up or is the increasing volume a sign this may continue? To get a view of what the charts looked like before Monday’s open, take a look at last weekend’s blog post here.
In this Friday’s Analysis, we look at oil based stocks as they have rallied over the last few weeks. We take a close look at the weekly SMA overlay on the daily chart as the price action is breaking through this area for the first time since the October meltdown. To view the Thursday analysis from two weeks prior, click here to see how the chart has materialized.