This is a quick but important update on the market’s condition vis-à-vis the January trend trade. The image below was create in the first few minutes of Monday Jan 23 so the last day on these charts is not complete, …
Here a few instructional and opportunistic observations for today and going forward. Not surprisingly each one is following the January pattern ‘road map’ in their own way. IYT: After 5 days of consolidating in its January opening range IYT (discussed …
A summary of the current state of the markets with the January Trend Trade perspective. It also covers the following sector ETFs: Consolidating: IYT XLE SMH Bullish: XBI GDX XLI XLV Bearish: XRT
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