In this episode of DecisionPoint, Erin, flying solo today, reviews Carl's ChartList of the "S&P 10" which includes the FAANG stocks and other large-cap names that sway the S&P 500. Those charts are FULL of bullish falling wedges! Erin covers the implications of these patterns. After reviewing the overall market, Erin unveils this week's "Diamond of the Week" as well as a bonus chart! As part of the reveal, Erin uncovers how you can use 5-minute candlestick charts with DecisionPoint indicators to better time your entries and exits!
New episodes of DecisionPoint air on Mondays at 7pm ET on StockCharts TV. Archived episodes of the show are available at this link.
About the author:Erin Swenlin is a co-founder of the DecisionPoint.com website along with her father, Carl Swenlin. She launched the DecisionPoint daily blog in 2009 alongside Carl and now serves as a consulting technical analyst and blog contributor at StockCharts.com. Erin is an active Member of the CMT Association. She holds a Master's degree in Information Resource Management from the Air Force Institute of Technology as well as a Bachelor's degree in Mathematics from the University of Southern California.