In this episode of DecisionPoint, Carl and Erin review the surge to new all-time highs and reveal the indicators that are confirming this breakout. There are a few problem indicators, but in general the market is looking healthy. Hear their outlook for the SPY moving forward. Erin highlights Semiconductors and discusses possible issues with the Renewable Energy ETF (TAN). She finishes with her "Diamond of the Week"!
This video was originally recorded on April 5th, 2021. Click anywhere on the DecisionPoint logo above to view on our dedicated show page, or click this link to watch on YouTube. You can also watch this episode and other past episodes on the new StockCharts on demand video service, StockChartsTV.com. Registration is free!
New episodes of DecisionPoint air on Mondays at 7pm ET on StockCharts TV. Archived episodes of the show are available at this link.
Erin also discussed how the DecisionPoint Swenlin Trading Oscillators are confirming this breakout to new all-time highs in the April 5th edition of Your Daily Five. Oil is slumping and Gold is misbehaving.
Erin will also be guest hosting the Tuesday, April 6th episode edition of David Keller's The Final Bar at 6pm ET on StockCharts TV.
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.