TrendSpider Thursday Analysis: SPY, MSFT, TSLA, AKER

This week has been incredibly volatile with some crazy action across the board from blue chip to small-cap stocks. In this Thursday analysis, we take a look to see how some of the weekly candles are set up into the second half of the week with the markets looking strong overall into the month of November. However, with such a strong move up over the last few days, things can always reverse quickly especially with an event like elections right around the corner next week.

A Spooky October 2018: Full Month Recap of SPY

The Stock market lived it up to its historical stereotype of being more volatile in the month of October than other months in the year. The signs were there early on that this month may get ugly due to a mix of variables in the financial markets such as interest rates breaking through key levels above, trade war fears, and midterm elections closing in. This blog post outlines the full technical story of October’s moves as we followed the charts week by week through our weekend blog. 

Sunday Update for Week of 10/22 – Are the Markets Nearing a Bottom?

A prepared trader is a profitable trader, and Sunday is a great day to get ready for the week ahead by studying up from last week’s price action. This weekend, we once again focus on the broad markets as the month of October has been nothing short of bloody. As the daily candles continue to show noise, the weekly candle charts are starting to show oversold levels that have seen reversals in the past. See how the charts turned out from last weekend by clicking here.

Sunday Update for Week of 10/15 – A Recap from Last Weekend’s Analysis

A prepared trader is a profitable trader, and Sunday is a great day to get ready for the week ahead by studying up from last week’s price action. This weekend, we are focusing on the continued bloodbath in the broad markets and if there is any relief on the horizon. We will take a look at last weekend’s charts and compare after this week’s price action.

Sunday Update for Week of 10/8 – A Recap After A Rough Week

A prepared trader is a profitable trader, and Sunday is a great day to get ready for the week ahead by studying up from last week’s price action. This weekend, we are focusing on the absolute bloodbath that occurred in the broad markets and will recap how last weekend’s charts performed. This analysis proves looking at multiple time frames is crucial as the daily and weekly candles were showing two separate things. The longer-term, bearish set up ended up winning over last week.