Arthur Hill, CMT

ChartTrader – SPY and QQQ Establish First Supports, XLK Forms Island Reversal, Support for CIBR, IGV, SMH, Setups for IBB, LHX (Premium)

We are in a bull market, but some indicators are still pointing to a corrective period and a correction may have started last week. First, fewer stocks made it back above their 50-day SMAs as SPY moved higher in the first half of February. Second, seasonal patterns turned negative last week (mid February). Thinking in tornado terms, a tornado

ChartTrader – SPY and QQQ Establish First Supports, XLK Forms Island Reversal, Support for CIBR, IGV, SMH, Setups for IBB, LHX (Premium) Read More »

ChartTrader – Correction Warnings Build, Watching for the Signal, Symbol Setups: MDY, GOOGL, AAPL, AMD, BAX (Premium)

We are in a bull market, but evidence is pointing to a corrective period and a correction could begin this week. Warning signs appeared over the last few weeks as fewer stocks made it back above their 20-day SMAs this month. Seasonal patterns are also

ChartTrader – Correction Warnings Build, Watching for the Signal, Symbol Setups: MDY, GOOGL, AAPL, AMD, BAX (Premium) Read More »

ChartTrader – SPY Stays Bullish, MDY Holds the Next Clue, Symbol Setups: IPAY, IBB, BLOK, CAH, CVS (Premium)

There is no change in the overall market environment. The weight of the evidence remains bullish, but the stars are aligning for a correction. SPY and QQQ are overbought. Breadth is deteriorating within the S&P 500. Small-caps and mid-caps are weak with

ChartTrader – SPY Stays Bullish, MDY Holds the Next Clue, Symbol Setups: IPAY, IBB, BLOK, CAH, CVS (Premium) Read More »

ChartTrader – SPY and QQQ Lead, Breadth Continues to Deteriorates, Seasonality Looms, Symbol Setups: ALGN, IOT, LHX (Premium)

The weight of the evidence remains bullish, but the stars are aligning for a correction. SPY and QQQ are overbought. Breadth is deteriorating within the S&P 500. Small-caps and mid-caps are weak with MDY and IWM forging lower highs from December to February. Seasonally, February is one of the weakest months of the year.

ChartTrader – SPY and QQQ Lead, Breadth Continues to Deteriorates, Seasonality Looms, Symbol Setups: ALGN, IOT, LHX (Premium) Read More »

ChartTrader – SPX and NDX Breadth Deteriorates, Breakouts Failing, Managing the Trades with GOOGL and AAPL (Premium)

Stocks were hit with strong selling pressure on Wednesday with dozens of ETFs gapping down and falling more than 2%. Small-caps led the way lower with the biggest declines and all sectors lost ground. The Healthcare SPDR (XLV) had the smallest loss. Tech-related ETFs

ChartTrader – SPX and NDX Breadth Deteriorates, Breakouts Failing, Managing the Trades with GOOGL and AAPL (Premium) Read More »

ChartTrader – Strong and Staying Strong, Small-caps Break Out, Symbol Setups: XLB, CE, STLD, GLD, FINX, LOW (Premium)

The broad market environment remains bullish with SPY and QQQ leading the way. This bull market started with the Zweig Breadth Thrust (ZBT1500) on November 3rd (green bar) and channel breakout in SPY a few days later. SPY also moved above the upper

ChartTrader – Strong and Staying Strong, Small-caps Break Out, Symbol Setups: XLB, CE, STLD, GLD, FINX, LOW (Premium) Read More »

ChartTrader – Biotech Stock, Weekly Breakout, Classic Retracement – Parts 1 & 2 (Premium)

This week’s analysis will stick with the multiple timeframe approach. Today we are featuring a biotech stock with a channel breakout on the weekly chart and a classic retracement on the daily chart. Moreover, a larger bullish reversal pattern could be forming on the daily chart.

ChartTrader – Biotech Stock, Weekly Breakout, Classic Retracement – Parts 1 & 2 (Premium) Read More »

A Biotech Stock with a Breakout on the Weekly Chart and a Classic Retracement on the Daily Chart – Part 1 (Free)

This week’s analysis will stick with the multiple timeframe approach. Today we are featuring a biotech stock with a channel breakout on the weekly chart and a classic retracement on the daily chart. Moreover, a larger bullish reversal pattern could be forming on the daily chart.

A Biotech Stock with a Breakout on the Weekly Chart and a Classic Retracement on the Daily Chart – Part 1 (Free) Read More »

ChartTrader – Old Leaders and a New Leader, Breadth Weighs on Small-caps, Symbols: ADBE, EW, LYV, AMAT, EA, TTWO (Premium)

2024 marks a new year with the same leaders. Large-caps are still stronger than mid-caps and small-caps. The Technology and Communication Services sectors are still the leading sectors. There is, however, a new leading sector this year: Healthcare.

ChartTrader – Old Leaders and a New Leader, Breadth Weighs on Small-caps, Symbols: ADBE, EW, LYV, AMAT, EA, TTWO (Premium) Read More »

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