An update on XHB (homebuilders ETF) and some of my favorite trade ideas in the sector at this time.
The following notes & chart highlight some significant technical developments that could indicate the next near-term direction in gold, GLD (gold ETF) & /GC (gold futures).
The following notes and charts provide the entry criteria, price targets, suggested stop & beta-adjusted position size for a trade in WEAT (wheat ETN) along with analysis on /ZW (wheat futures).
QQQ & SPY both have potential (unconfirmed) positive divergence on the 60-minute charts. Should the divergences become confirmed via a bullish crossover on the PPO before it makes a lower low, that would increase the odds of a rally. Should QQQ make another thrust down to the 140.05 or 139.27 support levels shown on this [...]
Analysis of the semiconductor sector via the ETFs; SOXX, SMH & XSD along with TSM. Also discussed are some general considerations & strategies when swing trading or investing. The video playback speed can be increased via the settings icon at the bottom right to reduce playback time. I've also inserted static images of the charts [...]
The near & intermediate-term outlook for the stock market via QQQ (Nasdaq 100 ETF), SPY (S&P 500 ETF), IWM (Russell 2000 Small Cap ETF) & MDY (Midcap 400 ETF) as well as analysis on the $VIX volatility index. Click the setting icon at the bottom right of the chart if you wish to increase the [...]
The following video cover the near-term & longer-term outlook for gold (via) GLD, the US Dollar & the Euro along with some key technical levels & developments to watch for.