Power ETF Setups 2/14/2022

Power ETF Setups February 14, 2021 Review List Below are various ETFs that caught our eye during our research process that might be worth a closer look. It is certainly not an exhaustive list, but should give plenty of names to review and develop a plan around based on your trading style and strategies. Breakouts […]

Mid Week Macro 2-9-2022

Mid Week Macro 2/09/2022 Triple Play The S&P is the first index to rally back into its MA bands. Last time, it got rejected off of the upper band and gapped down the following day. Follow through above the previous high will show increased demand and would mean that the index made a higher low.  […]

Weekly Sector Review 02-07-2022

Power Sector Review February 7, 2021 Chart Highlights As we start the week Energy, Financials, and Utilities still lead in RS rankings. However, late last week consumer discretionary and tech made an attempt to outperform. It will be interesting to monitor this rotation and if it has any staying power.  Financials was the RS mover […]

Mid-Week Macro 2-2-2022

Mid Week Macro 2/02/2022 Triple Play SPY has gained roughly 2.6% so far this week as of the close on Tuesday. RSI and CFG have both rallied from deeply oversold conditions to 48.9 and 90.7. SPY is the first index to reach its MA bands. It will be important to see how it reacts to […]

Mid Week Macro

Mid Week Macro 1/26/2022 Triple Play SPY, as with all of the indices are still well below their MA bands with RSI in a bear range. RSI is at 26.2 with CFG at -16.2. RSI hasn’t been this low since March 2020. CFG was around the same level in September 2021. S&P futures are up […]

Weekly Macro Review 20220123

Weekly Macro Review January 23, 2022 Chart Highlights Overall the markets took a big hit this OpEx week and barely came up for air in short intraday spurts. The stretch short term is getting there quickly I would expect some retrace here soon.  It is getting to a breadth level that often turns reflexive which […]

Weekly Macro Video 20220110

Weekly Macro View January 10, 2022 Chart Highlights Below are a few of the grids we cover, but remember you can view and sort them by any columns to find the view that give the best insight. Ranking over 60 world ETFs to see where our domestics indexes stand as well a find strong opportunities […]

Monday Macro 12/27/2021

Monday Macro View December 27, 2021 Chart Highlights Below are a few of the grids we cover, but remember you can view and sort them by any columns to find the view that give the best insight.  Ranking over 60 world ETFs to see where our domestics indexes stand as well a find strong opportunities […]

Consumer Discretionary Sector Drilldown

Sector Drilldown: Consumer Discretionary Consumer Discretionary sector made a strong breakout this last week and looks to be emerging as a new mover in our EW Universe.  There were lots of big moves last week, so we may have to look for setups to develop in the coming weeks on many names, but depending on […]

Industrials Sector Drilldown

Sector Drilldown: Industrials Last week in the markets was strong and saw solid performance from the previously reviewed sectors, but the streak of profiled sectors leading the markets for the week ended as Information Technology couldn’t take the top spot.  Broad market breadth also continues to progress through the measures we follow as we build […]