07/12/2019 |
Market Update Into 7/15: The Melt-Up Begins?
In this weekend’s analysis, we take a look at the broad market ETF daily Raindrop Charts (TM) and weekly hollow candles into the third week of July as the market looks to be melting up. To learn more about Raindrop charts and the platform in general, make sure to check out all of our User Guides.
Sunday Webinar with Bob Desmond
Watch the recording here.
$SPY: Daily vs. Weekly Chart
$QQQ: Daily vs. Weekly Chart
$CEI: The Power of Trendline Alerts
In this weekend’s “Before and After”, we take a look at CEI which had a massive move on Tuesday. In this image, you can see the price action did not make it exactly to the falling wedge resistance above but the sensitivity alert caught the reversal and alerted the user, to learn more click here.