trendspider facebook

Sunday Weekend Update into July 15th – The Melt-Up Begins?

In this weekend’s analysis, we take a look at the broad market ETF daily Raindrop Charts (TM) and weekly hollow candles into the third week of July as the market looks to be melting up.  To learn more about Raindrop charts and the platform in general, make sure to check out all of our User Guides.

Sunday Webinar with Bob Desmond

Watch the recording below:

Video Link

 


SPY: Daily vs. Weekly Chart

QQQ: Daily vs. Weekly Chart


CEI: The Power of Trendline Alerts

In this weekends “Before and After”, we take a look at CEI which had a massive move on Tuesday. In this image, you can see the price action did not make it exactly to the falling wedge resistance above but the sensitivity alert caught the reversal and alerted the user, to learn more click here.

Before

After

More Detailed View

Text Message Sent


Related Blog Posts

  1. Alerts – Add alerts to your trendlines and indicators with sensitivity.
  2. Conditional Criteria Alerts – Create complex conditions to be met between a mix of lower indicators and price action.
  3. Multi-time frame analysis (MTFA) – Overlay your chart a secondary timeframe with on trendlines, indicators, and Fibonacci levels.
  4. Trendline Preferences – Customize your trendlines to automate a consistent trendline drawing strategy.
  5. Add Watchlist – Create your own watchlist and quickly move through charts with automatic analysis on each!
  6. Automatic Candlestick Recognition – Automatically input your favorite candlestick patterns into the system and have TrendSpider find all the ones on your current chart!

Enjoyed this blog? Make sure to click on the links below to follow us on social media for intra-week chart updates:

StockTwits
Facebook
Twitter
LinkedIn

REMEMBER: These are charts that have interesting technical setups based on automated technical indicator analysis included. Charts and analysis provided for educational reasons only. TRENDSPIDER IS A CHART ANALYSIS PLATFORM. IT IS NOT INTENDED TO BE TRADING OR INVESTING ADVICE. ALWAYS DO YOUR OWN DUE DILIGENCE USING MULTIPLE SOURCES OF INFORMATION AND/OR SEEK THE ADVICE OF A LICENSED PROFESSIONAL BEFORE TRADING OR INVESTING. Please read our full risk disclaimer on our website by clicking here.