Always consider hidden risks
US Technical Charts Potpourri
 April 24 2017 ( From TradingView, CNN Money )
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The Trumpification of Financial Markets still on (pro-growth and reflation
​theme within a protectionism bias) but details of his action plan are scarce
​and the world geopolitical risks deals a blow to the rest of his agenda.
​That is starting to weight on the stock market.​

​​Some Weekly Technical Charts and Short Comments on US financial products:
​1) SPY ETF (SPDR S&P 500 ETF) broke five weeks ago  the Weekly Uptrend
​Channel. Also broke the previous Weekly Break Out Trendline that was critical
​for Bulls. Now Into a Weekly Downtrend Channel.
​ (
See first chart below - Channels + ​Blue trendline)​​

2) VTI ETF (Vanguard Total Stock Market ETF) comprised of 3613 US Stocks
(so for me it is the Total Market Index) near testing the Major Weekly breakout
​Trendline from October 2007. ​(See second chart below - Top Red Trendline). 

​​3) QQQ ETF (NASDAQ - 100 Index) still testing the Major Previous Weekly
​Break Out Trendline of ​a Rising Wedge​ (See third chart below - ​Left-Blue)​​.
​Remember the Weekly Shooting Star three weeks ago...

4) Apple Shares (AAPL) unable to break the Weekly Resistance Trendline.
​(See fourth ​chart ​below - Right - Red Trendline) Remember the Weekly Shooting Star Pattern three weeks ago.

​​​5) DXY Index (US Dollar Index) is back below the Previous Weekly Breakout Trendline (See fifth chart below - Grey Trendline)​ and Into a Weekly Falling Wedge (Red Trendlines); Strong Price Compression.

6) TLT ETF (iShares 20+ Year Treasury Bond ETF) within a Weekly Uptrend Channel and back above the previous breakdown trendline from an old downtrend channel (breakout). (See sixth chart below - Channels)​​ 
7) VIX Index (​SP500 Volatility-CBOE) strong weekly compression within a Falling Wedge (See seventh chart below - Grey). 1st close above the 52 WMA (Week Moving Average-green) two weeks ago.
8) Copper Futures (HG2-COMEX) broke nine weeks ago a Weekly Support Trendline.​ (See eight chart below-Red Trendline) and still  into a Weekly Downtrend Channel.
9) Light Crude Oil Futures (CL2-NYMEX) back four weeks ago into the Old Weekly Rising Wedge Pattern
​​(See ninth chart below - Grey Trendline - Ellipse)​ and tested again last week the resistance.

​​The Market still into a Correction process since SPY ETF broke its weekly support trendline and geopolitic risks rising tremendously lately... 


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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 )​

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 )​​

 ​​Weekly Chart ( Candles )
​US Dollar Index ( DXY )

Weekly Chart 
Vanguard Total Stock Market​ ETF ( VTI ETF )

Weekly Chart
​NASDAQ 100 Index ( QQQ ETF - Candles)

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 )​​