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10/06/2019 |

Market Update Into 10/7: Dead Cat Bounce or Recovery?

In this weekend’s analysis, we take a look at the broad market ETFs $SPY, $QQQ, and $IWM as some big moves occurred across all three areas of the market.

Make sure to check out this weekend’s webinar with Patrick Dunuwila, Editor of “TheChartReport“. Patrick took a look at some case studies of false breakouts and breakdowns while Jake Wujastyk, a founding member of TrendSpider, took at the overall broad markets into the week utilizing multi-timeframe analysis, multi-factor alerts, and Raindrop(TM) Charts.


$SPY: Daily Chart

$SPY daily chart.

$QQQ: Daily vs. Weekly Chart

$QQQ daily and weekly charts.

$IWM: Daily vs. Weekly Chart

$IWM daily and weekly charts.