Cautious Optimism

Since setting a new swing high on March 5th, the Market Vectors Vietnam ETF (VNM) has pulled back and been…

12 years ago

($IWM) at Key Resistance Level

The iShares Russell 2000 Index ETF (IWM) is now at a critical crossroad, as it approaches resistance of both its…

12 years ago

($DVY) and ($USO) Potential Long Candidates

In Tuesday's newsletter we commented that the United States Oil Fund (USO) may be a pullback long candidate. Yesterday, USO…

12 years ago

Another Distribution Day ($SRS) ($USO)

UltraShort Real Estate (SRS) has been drifting sideways in a tight range at the 20-day EMA the past few weeks…

12 years ago

Is This Pullback a Buying Opportunity? ($XLU)

Since January of this year, the S&P Select Utilities SPDR Fund (XLU) has been consolidating along its 20-day EMA in…

12 years ago

(IWM) Loses Key Support

Given Friday's selling pressure, a review of the major indices is in order (see charts below). Recently, the Russell 2000…

12 years ago

More Selling into Strength ($DJP)

Over the past two sessions, the iPath Dow Jones AIG Commodity ETN (DJP) has formed back to back reversal candles,…

12 years ago

Distribution Day on Wall Street (IWM)

The Russell 2000 Index ($RUT) is in danger of losing support at 811. If the Russell cannot hold support at…

12 years ago

(IYR) Ready to Reverse

Since rallying above its 200-day MA in early February, the iShares MSCI Malaysia Index ETF (EWM) has been consolidating along…

12 years ago

All Eyes on the Russell (SOXL, XLF)

Yesterday, on a spike in volume, the Direxion Daily Semiconductor 3x Bull ETF (SOXL) formed a reversal candle for the…

12 years ago