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US Technical Charts Potpourri
October 01 2017 ( From TradingView, CNN Money )

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The SP500 Index continue its grinding range trade technical pattern;
Within a Strong Price Compression phase from a Weekly Rising Wedge...

Some Weekly Technical Charts and Short Comments on US financial products:
1) SPY ETF (SPDR S&P 500 ETF) New High Ever. Strong price compression
within a Weekly Rising Wedge Technical Pattern. At Resistance Zone of that
Rising Wedge. (See first chart below - Channel + Red trendlines)

2) VTI ETF (Vanguard Total Stock Market ETF) comprised of 3 607 US Stocks
(Total Market Index) New High Ever. Testing the Resistance of a Weekly Rising
Wedge Technical Pattern; as the SPY ETF, strong price compression.
(See second chart below - Yellow Trendlines).

3) QQQ ETF (NASDAQ - 100 Index) Still Into a tiny Uptrend Channel.
(See third chart below - Channel).

4) Apple Shares (AAPL) Broke 16 weeks ago the previous Weekly Breakout
Trendline. (See fourth chart below - Right - Yellow Trendline) Becomes Major Resistance
Trendline that Bears need to protect at all costs. Broke 2 weeks ago a Weekly
Rising Channel. Into a new Weekly Downtrend Channel.

5) DXY Index (US Dollar Index) broke last week a Weekly Downtrend Channel. Back Above the Previous Weekly Breakout Trendline. (See fifth chart below - Blue Trendline) and Into a new Weekly Uptrend Channel.

6) TLT ETF (iShares 20+ Year Treasury Bond ETF) Broke last week a large Weekly Rising Wedge Support Trendline. (See sixth chart below - Yellow Trendlines)

7) VIX Index (SP500 Volatility-CBOE) Broke Violently 8 weeks ago a Weekly Falling Wedge that started since August 2015 but unable to stay above. Back testing Support. (See seventh chart below - Grey Trendlines).

8) Copper Futures (HG2-COMEX) broke a Steep Weekly Uptrend Channel 3 weeks ago.
(See eight chart below-Channel)

9) Light Crude Oil Futures (CL2-NYMEX) Still into a Weekly Uptrend Channel that started since June 2017. (See ninth chart below -Channel).

The US stock market keep rising in a grinding way and reached new high ever last week on Trump tax proposal. US Retail Stock Confidence Index reached a 17 year high 3 weeks ago.

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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

The Trump Experiment - Financial Markets $SPY #sp500 #usdollar #bonds #gold #stocks #investing #trading #spy #dxy #aapl #copper #vix

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

Financialiceberg.Com

Weekly 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