The first trading session post Thanksgiving resulted in a significant amount of selling. But can the stock market bulls string together a Santa Claus Rally? In this video I provide analysis of SPY, QQQ and IWM ETFs.
$ENPH continues to struggle with resistance here. Could lead to a breakout once broken.
$TIP with a breakout just getting underway.
$SMH nearing a bull flag breakout.
Nice consolidation from $CSIQ after confirming the cup and handle pattern.
$AAPL continues to struggle with the declining trend-line this week.
Potential landing spot for $TNX, if the yield continues to drop.
Two layers of resistance that $ZIM needs to break through here, before it gets bullish.
$TTD testing the declining trend-line off the August highs. Watch for a potential rejection.
How high can this stock market rally go? Where will the market bounce stall out at? Using my technical analysis, I highlight some concerning downtrends to be aware of.