FINANCIAL ICEBERG
Always consider hidden risks
 TECHNICALS
US Technical Charts Potpourri
 January 09 2017 ( From TradingView, CNN Money )
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Two months ago was the Trumpification of Financial Markets as pro-growth
​and reflation theme within a protectionism bias repriced violently all SP500
​Major Market Sectors. Sectors winners: Financial and Industrial, Sectors
losers: ​Interest rates sensitive: Utilities and Consumer Staples.
The Stock Market is already pricing a lot of good news...

​​Some Weekly Technical Charts and Short Comments on US financial products:
​1) SPY ETF (SPDR S&P 500 ETF)  is within a Weekly Rising Channel: Breakout
on December 5 week of a Rising Wedge​ ​​(
See first chart below, Yellow trendlines)​​
​but no new high yet...

2) VTI ETF (Vanguard Total Stock Market ETF) comprised of 3613 US Stocks
(so for me it is the Total Market Index) reached a new high ever But did not
break yet ​the Major Resistance Trendline ​(See second chart below - Ellipse).

​​3) MTUM ETF (iShares Edge MSCI USA Momentum Factor ETF) on a relative
basis (ratio of MTUM vs SPY ETF) ​already broke a Major Weekly Support
​Trendline that started back in April 2014! (See third chart below - ​Left - Blue)​​.
​That is my Canary in the Coal Mine as Momentum Stocks do not lead anymore!


4) Apple Shares (AAPL) broke the Weekly Support Trendline from a Rising Channel (See fourth chart below - Right - Blue Trendline) but unable yet to get back into it. 

​​​5) DXY Index (US Dollar Index) broke the Weekly Resistance trendline (See fifth chart below - Ellipse)​ and reached a level last seen in December 2002.  (See fifth chart below - Red Line). Make the US $ great again!

6) TLT ETF (iShares 20+ Year Treasury Bond ETF) Broke the weekly Major support trendline that started back since December 2013 (See sixth chart below - Grey Line - Ellipse)​​and now in Dead Cat Bounce Mode.
​​​
7) VIX Index (​SP500 Volatility-CBOE) is now back at the Major Weekly Support Trendline (See seventh chart below - Grey) and the loest Weekly Close since June 2014!
​​
8) Copper Futures (HG2-COMEX) broke a Major Weekly Resistance Trendline.​ (See eight chart below - Ellipse)
​​
9) Light Crude Oil Futures (CL2-NYMEX) still above the Weekly Breakout Trendlines that Bulls need to protect.
​(See ninth chart below - Grey Trendline - Ellipse)​

​​As most of the participants are all in in US Stocks, the US Dollar Index (DXY) good behavior remains the key here...


​​




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

Financialiceberg.Com
Weekly Chart 
Vanguard Total Stock Market​ ETF ( VTI ETF )

Financialiceberg.Com
Weekly Chart
​Momentum Factor ( MTUM ETF - Top Panel - Candles )
​Volume ( Bottom Panel - Blue Area )​​
Weekly Chart
​Apple Shares ( AAPL )
​Volume ( Bottom Panel - Blue Area )​​
Weekly Chart ( Candles )
CBOE SP500 Index Volatility (​ VIX  )

 ​Weekly Chart ( Candles )
​Oil Futures ( CL2 )
​Volume ( Bottom Blue Area )​​