TrendSpider Chart Analysis: Special Thanksgiving Edition

Happy Thanksgiving and welcome to this special edition of our Thanksgiving blog post! Every Thursday, we perform an analysis of three tickers that are looking interesting into the end of the trading week. However, with Thursday being the big Turkey day this week, we are doing a special blog post early which takes a look at SPY, QQQ, and XBI and how the charts have materialized over the last week and how they look into the rest of 2018.  Continue reading TrendSpider Chart Analysis: Special Thanksgiving Edition

TrendSpider Thursday Analysis: Broad Markets

Every Thursday, we perform an analysis of three tickers that are looking interesting into the end of the trading week. It is important to always remember using multiple time frames is the best approach to seeing the entire picture and in these videos, we use the daily and weekly time frames. Take a look to see how the broad markets are forming into the last trading day of the week!  Continue reading TrendSpider Thursday Analysis: Broad Markets

Sunday Update for Week of 10/27- November Relief Coming?

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 take a look at the markets into the final days of October to see if November will bring any relief for the financial markets. To get a full week-by-week analysis of the broad markets in October, check out our blog posts here.

Continue reading Sunday Update for Week of 10/27- November Relief Coming?

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.

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