Category: ETF

I charted the large, light sweet crude oil ETF, USO, before the markets opened today after it finished last week at $36.31.  Since oil has been trading without regard to any real fundamentals for a while I like using the …

I charted the S&P 500 ETF, SPY, just before 2:00 pm today.  After a long overdue dip, SPY has seen three decent steps back in the past five days, but each one has recovered by the close.  Today seems to …

I charted the SPDR S&P MidCap 400 ETF ($MDY) on Tuesday, March 9, 2010 after the markets closed and MDY finished the day at $140.30.  Watching the trend line of higher highs that goes back for nearly six months shows MDY is …

I charted EEM near the end of the trading day on February 25, 2010 when it was trading at $38.59.  I have a vested interest in this because I’m short two March 41 naked puts.  From what I see on …

I charted the past 21 days of SPY after I saw SPX was stuck at 1080 again.  Looking at the difference between the SPX chart and the SPY chart can be interesting sometimes.  SPY typically follows the SPX as designed, …

I charted the past year’s daily prices for the ProShares Ultra QQQ ETF (QLD) this morning while it was trading at $54.08.  I’ve seen a lot more charts that are starting to look this way recently.  They’ve ridden a long trend …

I charted SSO this morning when it was trading at $40.30, just above its 10 day moving average, after it found support at its trend line of higher lows once again.  SSO did not make it as low as Friday’s …

I charted EEM this morning when it was trading at $43.09.  I’m keeping my analysis simple on this one today.  EEM has been trading in a channel for a few months and it’s back to the trend line of higher …

I charted the gold ETF GLD December 24th around 10:00 am.  GLD has broken through two of its longest trend lines recently and the lower of those lines, the one that was the trend line of higher lows, could become resistance, giving …

I charted the gold ETF, GLD, after the markets closed on Wednesday, December 15, 2009 when it finished the day at $110.21.  GLD is sitting at potential support by a few measures, but that doesn’t make this the right time …