Today Carl puts the spotlight on the Magnificent 7 with a look at not only the daily charts, but also a review of the intermediate term using weekly charts. See where they are headed short-term and what are our expectations are in the intermediate term.
Carl also gave us his take on the market in general. Erin paid special attention to small-caps as part of her symbol request review. Plenty of Semiconductors hit the symbol requests as well.
Don’t miss your opportunity to join us live! Go to our homepage http://www.decisionpoint.com to sign up now!
01:02 Signal Tables
03:40 Market Overview
07:04 The Dollar, Gold & Crude Oil
09:04 Bonds and Treasury Yields
12:11 Magnificent 7 Short and Intermediate Terms
19:36 Gold Miners
24:00 Sector Overview
31:22 Symbol Requests
Watch the latest episode of the DecisionPointTrading Room on DP’s YouTube channel here!
Try us out for two weeks with a trial subscription!
Use coupon code: DPTRIAL2 at checkout!
Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin(c) Copyright 2024 DecisionPoint.com
Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.
Helpful DecisionPoint Links:
Trend Models
Price Momentum Oscillator (PMO)
On Balance Volume
Swenlin Trading Oscillators (STO-B and STO-V)
ITBM and ITVM
SCTR Ranking
Bear Market Rules