TrendSpider Thursday Analysis: Broad Market ETFs
Every Thursday, we perform an analysis of three tickers that are looking interesting into the end of the trading week. It is important to always remember using multiple time frames is the best approach to seeing the entire picture and in these videos, we use the daily and weekly time frames. Take a look to see how the broad market ETFs look to be slipping into a possible bear market if this keeps up.
$SPY: Daily vs. Weekly Chart
$QQQ: Daily vs. Weekly Chart
$XBI: Daily vs. Weekly Chart