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 message this week is that the S&P 500 suffered a week of indecision. So, there is no change in trend.
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 image:
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.
