Written by Forrest Crist-Ruiz
Recently we talked about the ongoing battle between the Regional Banking Sector (KRE) and the 20+ Year Treasury Bonds ETF (TLT).
Each has its 50-Day moving average nearby and is looking to use them as potential …
Written by Forrest Crist-Ruiz
From June to late July, Regional Banking ETF (KRE) has been stuck within a downward trend.
Coming close to its 200-Day moving average, it was able to find some support and from there consolidated over the …
Written by Forrest Crist-Ruiz
One of the best ways to get a quick snapshot of the market is by using Mish’s Economic Modern Family.
Using 5 sectors and 1 index, it can help guide us through the overall market as …
Written by Forrest Crist-Ruiz
Monday, Bitcoin cleared its major moving average while Ethereum, the second-largest cap currency, tested its new support level at $2900.
For the moment, this shows the crypto space can hold its weekend progress.
Often, the weekend …
Written by Forrest Crist-Ruiz
Two of the major Crypto Currencies including Ethereum ($ETH) and Bitcoin ($BTC) are looking to clear and hold over resistance.
Bitcoin at 40 – 42k and Ethereum at $2900.
Their next test is to hold at …
Written by Forrest Crist-Ruiz
In the past couple of weeks, the market has shown to have higher volatility paired with scattered daily price action.
With the recent discovery of yet another Covid-19 variant (Lambda) and with the spread of the …
Written by Forrest Crist-Ruiz
For the past week, the major indices have been very choppy.
Without clear direction in the indices, volatility has increased making price swings faster and thus tougher to time.
However, times like this prove how important …
Written by Forrest Crist-Ruiz
The small-cap Russell 2000 index (IWM) cannot make up its mind.
For the past three trading days, IWM has not been able to clear a pivotal resistance area created from the 50-Day moving average at $225.…
Written by Forrest Crist-Ruiz
The past week's earnings have set the market stage with large tech companies such as Apple, Google, and Microsoft beating earnings estimates.
With that said, prices look to be waning not only in the large tech …
Written by Forrest Crist-Ruiz
Google recently joined the list of growing companies to postpone their back-to-work plans as the Covid-19 delta variant continues to spread.
Along with Google, Apple has previously extended working from home for the same reason.
With …
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