03/23/2019 |

Sunday Update Week of March 25th – The Markets Take a Turn

In this weekend’s blog post, we take a look at some of the broad market ETF’s as well as CHK, acting as a proxy for oil moves. Make sure to check out our interview and analysis on Benzinga on Monday morning. Click here to tune in!

Weekend Video Analysis


SPY: Daily Chart


CHK: Daily Chart


QQQ: Daily Chart

 


Related Blog Posts

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  2. Conditional Criteria Alerts – Create complex conditions to be met between a mix of lower indicators and price action.
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  4. Trendline Preferences – Customize your trendlines to automate a consistent trendline drawing strategy.
  5. Add Watchlist – Create your own watchlist and quickly move through charts with automatic analysis on each!
  6. Automatic Candlestick Recognition – Automatically input your favorite candlestick patterns into the system and have TrendSpider find all the ones on your current chart!

CHK: Before vs. After

The weekend’s “before” and “after” shows CHK forming a doji right at the ascending triangle support and then bouncing hard to test the resistance above. This event is a great example of how you could have created an alert above to be alerted right when price action touched this trendline. Click here to learn more!

Before

 

After

 

 


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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.