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12/03/2018 |

Sunday Update Week of December 10th – Volatility An Understatement

A prepared trader is a generally a profitable trader, and Sunday is a great day to get ready for the week ahead by studying up from last week’s price action. The theme remains the same after the first week of December, volatile… We are big believers in going back and looking at previous analysis to see which patterns materialized, which patterns did not, and what we can learn from the chart moving forward. In this weekend’s analysis, we follow up from the “Thursday Analysis” last week. 

A Quick Note on Futures Data:

Futures data will no longer be supported by the TrendSpider system starting January 1st, 2019. We will explore bringing futures back once we have been able to implement this into the platform fully. If you have any questions at all, please reach out to the TrendSpider team at 

SPY: Daily vs. Weekly

Video Analysis:

QQQ: Daily vs. Weekly

Video Analysis:

XBI: Daily vs. Weekly

Video Analysis:

Related Blog Posts

  1. Alerts – Add alerts to your trendlines and indicators with sensitivity.
  2. Multi-time frame analysis (MTFA) – Overlay your chart a secondary timeframe with on trendlines, indicators, and Fibonacci levels.
  3. Trendline Preferences – Customize your trendlines to automate a consistent trendline drawing strategy.

OGEN: Before vs. After

This weekend’s “Before and After” shows the S&P 500 ETF, SPY, trading in a very distinct price channel on the weekly candle. Due to this setup, we created an alert below to let us know when the price enters into the purple shaded “alert area”. The alert worked perfectly and price bounced hard into the last week of November. To learn more about our price alerts and how to set them up, please click here.



Mobile Alert Sent

Timestamps Captured This Week






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REMEMBER: These are charts that have interesting technical setups based on automated technical indicator analysis included. Charts and analysis provided for educational reasons only. TRENDSPIDER IS A CHART ANALYSIS PLATFORM. IT IS NOT INTENDED TO BE TRADING OR INVESTING ADVICE. ALWAYS DO YOUR OWN DUE DILIGENCE USING MULTIPLE SOURCES OF INFORMATION AND/OR SEEK THE ADVICE OF A LICENSED PROFESSIONAL BEFORE TRADING OR INVESTING. Please read our full risk disclaimer on our website by clicking here.