Happy Thanksgiving and welcome to this special edition of our Thanksgiving blog post! Every Thursday, we perform an analysis of three tickers that are looking interesting into the end of the trading week. However, with Thursday being the big Turkey day this week, we are doing a special blog post early which takes a look at $SPY, $QQQ, and $XBI and how the charts have materialized over the last week and how they look into the rest of 2018.
When performing technical analysis, it is always crucial to go back and identify what when right, what went wrong, and what can be done differently in the future. In this post, we take a look at the charts from last week and see how the chart has materialized as well as what it looks like moving forward. Make sure to get the full experience of this educational post and take a look at last week’s videos to compare how things materialized from then until now! Click here to view last Thursday’s video analysis.
$SPY: Daily vs. Weekly Chart
Last Week’s Chart Captured November 15th:
This Week’s Chart Captured November 21st:
Video Analysis
$QQQ: Daily vs. Weekly Chart
Last Week’s Chart Captured November 15th:
This Week’s Chart Captured November 21st:
Video Analysis
$XBI: Daily vs. Weekly Chart
Last Week’s Chart Captured November 15th:
This Week’s Chart Captured November 21st:
Video Analysis
Market Update Into September 14th: Rate Hike Incoming?