Recent content by TrendSpider_Jake

A look at the daily vs. weekly candles on SPY, QQQ, and XBI. Video Overview:

A nice move so far! Seems markets want ATH but cautious with biotech red this week.

A look at the broad market ETFs as SPY and QQQ near "All Time Highs" and the biotech sector closed near weekly lows on Friday. Video Link:

A look at the broad markets ETF's into the month of April. A full detailed analysis is included in the link below:

Full Video Analysis: A look at the daily vs. weekly charts into Monday.

A look at airline stocks into Thursday. Happy Trading!

A look at the broad market ETFs into Tuesday as the weekly SMA (20) is tested by the daily price action above. To get the full details of 1,2,3, and 4, check out the article here: https://seekingalpha.com/instablog/49782486-trendspider/5261436-20-week-sma-wall-market-needs-worry

The broad markets have been moving straight up for the last three weeks. However, crucial resistance levels are looking to be tested above if the momentum continues. An alert is set on the SPY weekly support now acting as resistance and a dynamic alert is set on the 50-week EMA on QQQ and XBI.

A look at Amazon bouncing hard off the lower Bollinger band in late December and a hard move up to test the trendline resistance above!

A before and after shot of XBI continuing to move up to the channel resistance above after closing through the SMA (20) on Friday!

A look at the XBI chart and price action from last week below: 1. The price of XBI is the only ETF that blasted through the SMA (20) last week in the middle of the downward price channel. If continuation occurs on Monday, the channel resistance could be tested above. 2. The Vortex indicator VI-...

A look at the QQQ and price/indicator action details below: 1. The price of QQQ looks wildly similar to the SPY. Price tested the SMA (20) in the middle of the megaphone channel perfectly on Friday. The other two times this happened, the price eventually broke to the upside to test the...

1. The price has moved up to almost perfectly test the SMA (20) in the middle of the megaphone channel. The other two times this happened, the price eventually broke to the upside to test the trendline above or just below it. 2. The Vortex indicator VI- is converging towards the VI+ which has...