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 together this video overview completely unscripted (pre-planned) just cycling thru the various key indexes and sectors from one of my watch-lists and in doing so, the video turned out quite a bit longer than usual. Here’s the list, in order as covered, of the charts discussed should you want to skip to any particular index or sector ETF that you are interested.
XLK, XLP, GLD, UUP, IYT, TLT, QQQ, IWM, SPY, IYR, MUB, GAZ, $EUR/USD, $RMZ, $XAL, $DJUSSC, $DXYO, $NDXE, $COMPQ, XRT, JJC, $SPEW, $MG421 (Investment Brokerage-National), $DJUSRR, XLB, XLU, SMH, USO, XLE, XLF, EEM, FXI, PBE, $TNX, MOO, PGJ, $SPX, XES, $RUT, $NDX
CLICK HERE TO VIEW THE 12/20/2012 WEEKLY CHARTS OVERVIEW VIDEO. As always, these videos are best viewed by selecting the 720p HD quality playback setting and using the large player or full-screen size option once the video opens in YouTube.