This video provides the outlook for various U.S. & non-U.S. indexes as well as numerous sectors & industries. Highlighted are some of the more bullish & bearish sectors at this time as well as well as a concerning development in which I've noted a recent & clear shift, most likely by institutions (i.e.- the 'smart [...]
I'm seeing a mixed bag of bullish and bearish charts when viewing the broad markets and key sectors from a longer-term perspective. For now, my longer-term bias remains bearish but I did want to point out some of the recent bullish technical developments as well as some of more bearish charts as well. I put [...]
PGJ short set-up posted on tuesday broke down below the rising wedge pattern on the 60 min chart shortly after and is now re-testing the lower trendline while also at a decent horizontal support level. see notes on the updated daily and 60 min charts below for an objective stop area on the trade if [...]
PGJ, as well as the $SSEC index, at resistance. one could short here or wait for the 60 min chart rising wedge breakdown to confirm an entry. 60 min and 2-day period chart below.