Russell 2000 Index Tracking ETF
Technical analysis on the US stock market via SPY, QQQ & IWM providing the near-term & longer-term outlook as well as some key levels & developments to watch for. Although stated otherwise at the start of the video, only the broad market via SPY, QQQ & IWM is covered. Additional updates on any sectors & [...]
XIV (Inverse VIX Short-term ETN) looks poised for a drop to at least the 96.61ish area on a break below this 60-minute bearish rising wedge pattern (~11% below current levels). Daily & 60-minute charts of XIV followed by the daily chart of the $VIX, unofficial trade idea. This scenario hinges largely on my recently posted [...]
A quick look at some of the key technical levels & developments that I'm monitoring on within the U.S. equity markets. Starting with the 60-minute charts of the broad index tracking ETFs: The momentum in SPY is rapidly diminishing on this most recent thrust to a divergent high. A break below the 253.85ish support will [...]
Technical analysis of the stock market, crude oil as well as several swing trading opportunities that stand out at this time. The following securities are covered in this order: /CL (crude futures), XOP, XLE, NVDA, SOXX, SMH, XSD, CRUS, QCOM, XLP, XBI, SPY, QQQ, & IWM. Playback speed can be increased in the video settings [...]
This video highlights some of the potential swing trading opportunities that stand out at this time. Covered in the following order are: Crude oil & the energy sector via /CL (crude futures), XLE & XOP gold & the US dollar via /GC (gold futures) & the EUR/USD forex pair various agricultural commodities via /ZW (wheat [...]
The major stock indices (SPY, QQQ, IWM) experienced stick-saves on the final 60-minute candles yesterday. On SPY, a break & 60-min close below 253.87 should bring the S&P 500 tracking ETF back down to the bottom of the yellow price channel & possibly the 250.26 level. On QQQ, watching for a break & 60-min. close [...]
Technical analysis providing the near-term outlook for the US equity markets via QQQ, SPY & IWM. 10-minute charts on QQQ, SPY & IWM with some key support levels & trendlines to watch for tomorrow (screenshots taken just before the close):