Each night I provide a recap of the charts and technical analysis of some of the most intiruging market development. Call it “cleaning out of the notebook” per se. Here you will get a hodge-podge of analysis on different stocks, sectors, ETFs, and market indices. Some of them, may have been requests from members of the SharePlanner Trading Block, or to help those on the prowl for technical analysis on various charts. Hopefully they help spark an idea or two for your next winning trade!
$GS broke above declining resistance via gap up.
$GBTC testing declining resistance – important moment for it here.
$BITF starting to break out of its triangle pattern. Nice move overall.
$XLE sector still very, very strong. Watch for any breaks in the rising channel to curb exposure.