Broad Market ETF Analysis

Discussion in 'Stocks' started by TrendSpider_Jake, Nov 18, 2018.

  1. TrendSpider_Jake

    TrendSpider_Jake Sponsor

    A look at SPY, QQQ, and XBI into next week with the full video analysis in the link here. The weekly hammer was caught by the TrendSpider pattern recognition feature with big moves up after previous hammers over the last two years.
    Screen Shot 2018-11-17 at 12.37.01 PM.png
     
    #1     Nov 18, 2018
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  2. TrendSpider_Jake

    TrendSpider_Jake Sponsor

    SPY chart with the daily RSI crossing through the weekly RSI shown by the two green circles on the daily chart. Screen Shot 2018-11-17 at 12.12.25 PM.png
     
    #2     Nov 18, 2018
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  3. TrendSpider_Jake

    TrendSpider_Jake Sponsor

    QQQ chart with a very lopsided inverse head and shoulders trying to form. Screen Shot 2018-11-17 at 12.20.54 PM.png
     
    #3     Nov 18, 2018
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  4. cvds16

    cvds16

    if you really think there is predictive value in such simple patterns you haven't been around long enough ....
     
    #4     Nov 18, 2018
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