DP TV: SPY Loses Its "Silver Cross" Buy Signal!

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An eventful day of trading provides an excellent backdrop for this episode of DecisionPoint. Carl starts with an "inside baseball" look at the small-caps vs large-caps, explaining in charts the downward pressure the mega-cap stocks are having on the broad markets. He then reviews our indicators and identifies quite a few positive divergences, as well as a bullish falling wedge on the SPY, so all is not lost. Erin searches for new strength among the sectors and finishes with two "Diamonds of the Week" to add to your watchlist!

This video was originally recorded on October 4, 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 StockCharts on demand video service, 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 Swenlin
About the author: is a co-founder of the 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 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. Learn More
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