With today being the final day of the month, DecisionPoint "books" the current signals from the monthly charts. In this episode, Carl discusses the importance of monthly PMO direction changes, as many times the crossover signals arrive late. Today, there were TWO monthly PMO direction changes of special interest today on Gold and Oil. Erin focuses on the Consumer Discretionary sector (XLY) as she leads up to the unveiling of the DecisionPoint "Diamond of the Week".
Plus, don't miss an EXCLUSIVE DecisionPoint.com Cyber Monday offer for DecisionPoint show viewers! While the CYBER2020 code will get you an exclusive deal today (11/30), a special code available only in this episode will let you access that deal through the end of the week (Friday 12/4)! Don't miss it!
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:Carl Swenlin is a veteran technical analyst who has been actively engaged in market analysis since 1981. A pioneer in the creation of online technical resources, he was president and founder of DecisionPoint.com, one of the premier market timing and technical analysis websites on the web. DecisionPoint specializes in stock market indicators and charting. Since DecisionPoint merged with StockCharts.com in 2013, Carl has served a consulting technical analyst and blog contributor.
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.