Market Faces Stiff Test This Week (SPY, QQQ, DIA)

Despite Thursday's bullish accumulation day, the market was unable to muster any follow through on Friday. A brief review of…

12 years ago

Market Posts Bullish Accumulation Day (IYM, PPH)

Yesterday, the Market Vectors Pharmaceuticals ETF (PPH) reversed sharply off of its 20-day EMA and is now poised to break…

12 years ago

Market Still Holding Up (EEM, XHB)

In early February, the iShares MSCI Emerging Market Index ETF (EEM) rallied above resistance of its long term downtrend line…

12 years ago

Cautiously Optimistic (OIL) (SRS)

Since October of 2011, the ProShares UltraShort Real Estate ETF (SRS) has been in a significant downtrend. However, over the…

12 years ago

Biotechs Fall Hard as Nasdaq Registers a Distribution Day (XOP) (IYR)

The iShares Dow Jones US Real Estate Index ETF (IYR) has been in pullback mode since setting a swing high…

12 years ago

Bears Take a Beating… (SOXL) Rips Higher

Yesterday, on above average volume, the iShares MSCI Malaysia Index Fund (EWM) formed a bullish reversal candle. EWM undercut its…

12 years ago

Is the Market About to Correct? (SMN) (XLK)

Yesterday, the S&P Select Sector Technology SPDR ETF (XLK) formed a bearish reversal candle on an increase in volume. Given…

12 years ago

Market Ready to Rip (SPY) (QQQ) (DIA)

Last week we discussed the key resistance levels on the Nasdaq and the S&P 500. Since then, not much has…

12 years ago

(SOXL) and (UCO) Primed to Move Higher – The Wagner Daily

Yesterday, on a spike in volume, the ProShares Ultra Dow Jones-AIG Crude Oil ETF (UCO) broke above its recent downtrend…

12 years ago

Time to be Patient and Let Trades Develop (IWM) (IYZ)

Despite the poor performance put in by equities on Friday, the light volume was the saving grace of the session.…

12 years ago