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Identifying index & ETF trends in weekly stockcharts
- Rank: 34
- Followers: 32
- Votes: 605
- Years Member: 18
- Last Update: 26 September 2021, 10:37
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Categories:Chart Patterns
Trend Analysis
Volume Analysis
Sept 26th 10:30A Update: Lots of headlines crossing - Evergrande, covid, geopolitics, whatever - most important thing is to trade price. Every dip is getting bought. Market is trading very technically, so as a trader I%27m trying to follow suit. Tons + tons of outside wk reversals last wk (mostly green). So, for this wk, I%27m looking for some f/t. Energy, tech, fins (long), + bonds (short) - stuff like that. Not many inside wks (makes sense w/ large # of outside wks). OK, that%27s it for now. Trade well, manage risk, use stops + good luck out there!
$INDU - Dow Jones Industrial Average
$MID - S&P Mid Cap Index
$NDX - Nasdaq 100
$SML - S&P600 Small Cap Index
$TRAN - DJ Transports
5m ETFs to Watch - ARKG
5m ETFs to Watch - ARKK
5m ETFs to Watch - ARKW
5m ETFs to Watch - DIA
5m ETFs to Watch - EEM
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