FINANCIAL ICEBERG
Always consider hidden risks
 TECHNICALS
Trumpification of Financial Markets
 November 14 2016 ( From TradingView, CNN Money )
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Last week 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 big surprise was the Major Breakout of the Transportation Sector...

​​Some Weekly Technical Charts and Short Comments on US financial products:
​1) SPY ETF (SPDR S&P 500 ETF)  is back above the Major Support ​Trendline
​that started back since February 8 2016 week. (
See first chart below,
​ Grey trendline - Ellipse)​​

2) IYT ETF (iShares Transportation Average ETF) broke the Rising Wedge
Resistance ​(See second chart below - Blue Line)​​ ​​and closed above the Major
Resistance Trendline that started since November 2014. ​(Grey - Ellipse).

​​3) XLF ETF (Financial Select Sector Fund ) finally broke a Weekly Resistance
​Trendline from a Rising Wedge. (See third chart below - ​Left - Blue)​​. It is now
at the next Major ​Resistance Zone. (3rd chart -Left - Grey Trendline - Ellipse)


4) Apple Shares (AAPL) broke the Weekly Support Trendline from a Rising Channel (See fourth chart below - Right - Blue Trendline) but still above the previous breakout trendline. (4rth chart - Right - Yellow Trendline).

​​​5) DXY Index (US Dollar Index) tested the previous breakout trendline (See fifth chart below - Blue - Ellipse)​
and made a new high (vs October 2016 peak price). Make the US $ great again!

6) TLT ETF (iShares 20+ Year Treasury Bond ETF) the biggest loser in the Trumpification: broke the weekly Major support trendline  that started back since December 2013! (See sixth chart below - Grey Line - Ellipse)​​
​​
7) VIX Index (​SP500 Volatility-CBOE) failed to break the Weekly Resistance Trendline (See seventh chart below - Grey) and now back near the Support Trendline.

8) Copper Futures (HG2-COMEX) broke a Major Weekly Resistance Trendline.​ (See eight chart below - Ellipse)
​​
9) Light Crude Oil Futures (CL2-NYMEX) retested a Major Resistance Trendline and failed to break.
​(See ninth chart below - Grey Trendline - Ellipse)​

​​US election surprise result bring a violent repricing last week; expect some consolidation this week.


​​




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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

Trumpification of 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 
​US Transportation Sector ETF ( IYT ETF )

Financialiceberg.Com
Weekly Chart
​Financial Sector ( XLF 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 )​​