Complimentary Articles and Analysis
Get the Jump by Timing the Swing within the Pattern (Free)
The Infrastructure ETF (IFRA) came to life here in October with a six percent surge that could signal the beginning of the end for a long correction. IFRA underperformed from May to mid September, but is now
Follow Through with A Big Participation Pop (Free)
Stocks surged for the second Thursday in as many weeks, but this Thursday’s surge was a lot different than the previous week. This week’s surge featured a strong open and strong close as well as the strongest breadth in four months. What does it mean going forward? Let’s investigate.
A Strong Uptrend and Bullish Continuation Pattern for this Agriculture ETF (Free)
Chartists looking to trade in the direction of the bigger trend have two options. First, take trend signals and act when the trend turns up. Once an uptrend is underway, chartists must then rely on
Bonds Throws a Tantrum and Banks Cheer (Free)
The 20+ Yr Treasury Bond ETF (TLT) threw a tantrum this week with the biggest two day decline since March 2020, which was a very chaotic month. With a sharp decline in bonds, the 10-yr Treasury Yield broke above its summer highs and the bulls
AAII Percent Bears Surges, but Excessive Sentiment is not a Two-Way Street (Free)
The AAII indicators make some waves this past week as AAII percent bears surged to 39.3% and percent bulls dropped to 22.40%. As a result, net bull-bear percentage plunged to -16.90%, the first negative reading since
New Trend Signals: Act Now or Wait for a Pullback? (Free)
Chartists often face a conundrum when a new trend signal triggers because the stock or ETF is frequently extended when this signal triggers. After all, it takes strong buying pressure for a new uptrend to signal. Short-term overbought or extended conditions are long-term bullish, but these
A New Trend Signal for a Former High Flyer (Free)
Today’s commentary will start with price chart analysis for a clean energy ETF, which once led the market with triple digit gains. After a corrective period, it appears that this high flying ETF and a few of its brethren are turning up again with recent trend signals. We will start with the price chart analysis and then turn to the systematic signals.
Using RSI to Identify Trend Reversals – XOP Example with Short-term Bearish Setup (Free)
The Oil & Gas Exploration & Production ETF (XOP) provides a case in point. On the chart below, notice how RSI surged above 70 in late November and exceeded 70 again in January
Regional Banks Take Their Cue from the 10-Year Yield (Free)
The Regional Bank ETF (KRE) and the 10-yr Treasury Yield are positively correlated and the recent surge in the 10-yr yield led to a breakout in the Regional Bank ETF.
The 10-yr Yield, Banks, Techs and Rotation (Free)
The decline in the 10-yr yield is not the only factor at work in the markets, but there is clearly a correlation at work recently, especially with banks. The chart below shows