FINANCIAL ICEBERG
Always consider hidden risks
 TECHNICALS
Trumpcated Technical Charts 
 November 10 2016 ( From TradingView, CNN Money )
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Market reaction to Trump s victory quite a surprise: from a breakout in
​Financials and Transportation, the strength of the Health Care Sector and
​the US Dollar and the huge selloff in Bonds and Gold and pressure on
​corporations with an export driven business model like Apple.

​​Some Technical Charts and Short Comments on US financial products:
​1) SPY ETF (SPDR S&P 500 ETF)  is back testing a Major Resistance 
​Trendline that started back since February 11 2016. (
See first chart below,
​ yellow)​​ and above the 50 DMA (Day Moving Average) so critical for Bulls.
​(See first chart below - Red line - Ellipse)

2) XLF ETF (Financial Select SectorFund) finally broke a Wedge Technical
Pattern and made a new high at 20.94 (previous was July 23 2015 at 20.80).
​ (See second chart below - Blue Line)​​

​​3)  XLV ETF (Health Care Select Sector Fund ) did rebound violently and
now above the 50 DMA, the first time since August 24 2016. ​
​ (See third chart below - ​Left - Red line - Ellipse)​​. 


4) IYT ETF (iShares Transportation Average ETF ) the almost always forgotten Sector broke the Major Daily Resistance Trendline that started since November 28 2014! (See fourth chart below - Right - Grey Trendline)

​​​5) DXY Index (US Dollar Index) broke is back into a steep Daily Uptrend Channel​.
​(See fifth chart below - Channel)​

6) TLT ETF (iShares 20+ Year Treasury Bond ETF) is in a violent correction phase as it broke the Major Support Trendline. (See sixth chart below - Yellow Trendline)​​
​​
7) VIX Index (​SP500 Volatility-CBOE) is tumbling below the previous breakout trendline and the 50 DMA.
​(See seventh chart below - Blue Trendline).

8) Copper Futures (HG2-COMEX) is in a Breakout Mode at Weekly Support Trendline.​(See eight chart below)
​​
9) Gold Futures (GC1-COMEX) kissed a Major Resistance Trendline from a Major Rising Wedge Technical Pattern and failed to break it. (See ninth chart below - Blue Trendline - Ellipse)​

​​


​​




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"To fight and conquer in all your battles is not supreme excellence; supreme excellence consists in breaking the enemy's resistance without fighting."

-Sun Tzu, the Art of War

Trumpcated Technical Charts $SPY #sp500 #usdollar #bonds #gold #stocks #investing #trading #spy #dxy #copper #vix 

Daily Chart ( Candles )
TLT ETF (​ iShares Year Treasury Bond ETF  )
​Volume ( Bottom Blue Area )​

Financialiceberg.Com
Financialiceberg.Com
Daily Chart
​SP500 Index ( SPY ETF - Top Panel - Candles )
​SPY ETF Volume ( Bottom Panel - Blue Area )​​
 ​Weekly Chart ( Candles )
​Copper Futures ( HG2 )
​Volume ( Bottom Blue Area )​​

Financialiceberg.Com
Financialiceberg.Com
Financialiceberg.Com
 ​​Daily Chart ( Candles )
​US Dollar Index ( DXY )

Financialiceberg.Com
Daily Chart 
​US Financial Sector ETF ( XLF ETF )

Financialiceberg.Com
Daily Chart
​Health Care Sector ( XLV ETF - Top Panel - Candles )
​XLV ETF Volume ( Bottom Panel - Blue Area )​​
Daily Chart
​Transportation ( IYT ETF - Top Panel - Candles )
​IYT ETF Volume ( Bottom Panel - Blue Area )​​
Daily Chart ( Candles )
CBOE SP500 Index Volatility (​ VIX  )

 ​Daily Chart ( Candles )
​Gold Futures ( GC1 )
​Volume ( Bottom Blue Area )​​