A prepared trader is a generally 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. In this weekend’s analysis, we take a look at how the SPY, QQQ, and XBI ETFs are shaping up into next week. As the first weekly red volume bar of the year, is this a point of a reversal or just a quick consolidation zone before the next leg up?
Happy Presidents Day! A prepared trader is a generally a profitable trader, and long weekends can be the best time to study up for the coming week ahead. In this weekend’s analysis, we focus on the brand new features now available and take a quick look at the broad market ETFs in our video update.
A prepared trader is a generally 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. In this weekend’s analysis, we take a look at a brand new feature that was released earlier this week, Monthly candles. For SPY, QQQ, and XBI, we take a look to see how the weekly price action is interacting with the monthly indicators and trendlines.
A prepared trader is a generally 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. In this weekend’s analysis, we have one of our affiliates, Kevin Smith, join us and chat about some broad market charts and technical charts into the week ahead. Have a great weekend!
A prepared trader is a generally 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. In this weekend’s analysis, we take a look at the broad markets after continued moves to the upside, with SPY, QQQ, and XBI all closing at or near the longer-term 20-week simple moving average resistance. As the market has not been phased by the government shutdown, the weekly SMA (20) is the only “wall” the market needs to pay attention to.
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