03/08/2019 |
Market Update Into 3/11: The First Sign of Volatility in 2019
In this weekend’s blog post, we take a look at the broad market ETFs into Monday. The weekly candles held the SMA (20) on both $SPY and $QQQ but $XBI closed through this area and could be telling for what’s coming next week.
Weekend Video Analysis

$SPY: Weekly Chart
$QQQ: Weekly Chart
$XBI: Weekly Chart
$CLF: Before vs. After
The weekend’s “before” and “after” shows $CLF breaking down through the wedge support with the trendline alert going off and notifying the move through text message. This game-changing feature allows users to create sensitivity levels around trendlines and alerts. To learn more about creating your first alert, click here.