In this episode of DecisionPoint, Carl and Erin thoroughly review market price action and indicators in all timeframes. Carl spends some time discussing his sector chart annotations spotlighting Communications (XLC) and Technology (XLK). Of particular concern are the Swenlin Trading Oscillators, short-term indicators that have been quite prophetic at market tops and bottoms -- currently, they are topping. Erin looks at the STOs for the other major market indexes as well. Carl introduces a new ETF called "Inflation Beneficiaries (INFL)" and Erin finishes with her Diamond of the Week from the Consumer Discretionary sector.
This video was originally recorded on April 12th, 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.
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.