Our Weekly Technical Video, courtesy of theUpTrend.com, provides a longer-term technical look at the market by using weekly closing prices. These charts are suitable for intermediate-term investors rather than short-term traders.
This week’s video, as usual, looks at the major North American indexes and market sectors. The principal message this week is Ignore the Noise and Follow the Money.
The charts of focus include the VIX, both short-term and long-term, the Financials, Tech, and Semis in the USA and Energy, Gold, and Information stocks in Canada. Then there is a look at global stock market indexes, commodities, and currencies.
You can watch today’s 7-minute weekly video by clicking on the following link: … HERE
TheUpTrend.com is a proprietary technical analysis system, devised by Stephen Whiteside, that uses charts and various technical tools to maximize trading and investing experiences. TheUpTrend.com provides intra-day, daily, weekly, and monthly technical analysis on global stocks, indexes, ETFs, and futures.