A brief update on the major stock index ETFs followed by trade ideas on various sectors & commodities including biotechs, homebuilders, and natural gas. Silver or Gold level access initially required.
+1
Swing Trade Ideas 12-29-20
2020-12-29T14:13:35-05:00Dec 29, 2020 2:13pm|Categories: Equity Market Analysis, Gold & Commodities, Subscriber-only Content|Tags: $NDX, $RUT, $SPX, IBB, ITB, IWM, JJG, PBE, QQQ, SPY, XBI, XHB|4 Comments
weekly chart on UNG has nice bullish divergences FYI
Agreed. A case can be made that nat gas has put in a major bottom when looking at the weekly chart:
https://schrts.co/xftARUvh
Downtrend line (2nd target) on /NG hit with the 2.511 gap resistance level just above… an objective level to book the quick 1-day, 8%+/- gain for those that took a shot at a long yesterday.
Thank you for the update. We did not get the email notice on the video yesterday.