Category: ETFs

Consumer Discetionary ETF (XLY) 2017-08-26

I know that I just posted these last week but made slight changes to the targets on the weekly chart and think that the broader market is on the same path, closing in on a summer low.

Consumer Discretionary ETF (XLY) 2017-08-19

Just updated charts on the ETF XLY. XLY is on plan correcting as expected. Can use a little lower over the next week or three to test 86.56 to 86.44 after which we see if they can muster enough energy to push to a new high, the main scenario, or if any bounce sets a […]

Euro ETF correction nearly complete

The Euro ETF has moved a bit higher than we anticipated in our June 16 post, but bears have a strong chance of countering the rally and taking price to new lows.

Natural gas set to bounce

We are watching natural gas prices very closely right now. The technical picture makes a strong case to expect a reversal and rally soon.

Trading the next move in treasuries

The choppy rise from the turn of the year appears to have been corrective, in this case meaning that it should be treated as a retracement.

Watching for a short in the Yen

The modest rally in the Yen that we predicted in our February post has advanced nicely. Now price is approaching the area we have been watching for a downward turn.