Complimentary Articles and Analysis
Big Triangle Breakouts in Key Tech ETFs – How to Trade a Pullback (Free)
After leading the market into February 2020, tech-related ETFs were hit with strong selling pressure into March and extended their corrections into May. Large triangles formed in several and they broke out of these bullish continuation patterns
Mind the 10-year Yield Chart, Not the Fed (Free)
Traders interested in Treasury bonds, Treasury bond ETFs and yields would be better off ignoring Fed-speak and focusing on the charts. The bond market leads
A Dozen Books that Influenced my Analysis Process, Understanding of Markets and Trading Mindset (Free)
While there are too many influences to list in one post, this commentary features a dozen books that helped me over the years. These books cover technical analysis, trend-momentum strategies, insights from great traders and the mindset required to stay in the game.
Downside Participation Expands – Here’s How to Measure and the Key Levels to Watch (Free)
SPY experienced its biggest weekly decline (-2.2%) since late February and the nine-week Rate-of-Change turned negative for the first time since late October. The ETF also closed below its 10-day SMA for the first time since late January. Normally, a close or dip below the 10-week
5G Takes the Lead (Free)
The 5G Next Generation ETF (FIVG) is taking the lead within the tech space as it breaks out of a bullish continuation pattern. FIVG is leading because it recorded a new high here in early June. Not very many tech-related ETFs hit new highs here in early June and this makes it relatively easy to separate the leaders from the laggards.
CARZ Revs its Soon-to-be Silent Engine (Free)
Some of the old Ford and GM cars can still rev their engines, but the sound of a revving engine could go the way of the dodo. Perhaps, I should say that the price chart for the Global Auto ETF (CARZ) is revving its engine and poised for a breakout.
Signals and Expectations for Gold and Silver
(Part 1 with Video – Free)
The Gold SPDR (GLD) crossed above its 200-day EMA in early May and its 200-day SMA this past week. Both signals are “bullish” and point to a long-term uptrend, but tell us little regarding realistic expectations going forward. To get a better understanding, we need
Trading a Short-term Bullish Pattern within a Bigger Bullish Pattern (Free)
The Cybersecurity ETF (CIBR) was hit with the rest of the tech sector over the last few weeks, but it held the March lows and is on my radar as a possible triangle forms over the last few months. In particular, I am watching
Non-confirmations Show Creeping Correction that Could Expand (Free)
The S&P 500 SPDR hit a new high last week, but it was alone at the top because several other major index ETFs did not confirm. In fact, these non-confirmations have been building since March as fewer groups participated. Of note, several tech-related ETFs peaked in
KRE Breakout Holds and Bodes well for Small-caps (Free)
The Regional Bank ETF pattern over the last few months is similar to that of the S&P SmallCap 600 SPDR and Russell 2000 ETF. This is not surprising because the financial services sector accounts for 17.8% of IJR and 16.34% of IWM, and is the second biggest sector for both