Category: ETF

March 9, 2010

MDY Chart – Hitting Resistance

Filed under: ETF - 09 Mar 2010

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 …

February 25, 2010

EEM Chart – Stuck in Trading Channel

Filed under: ETF - 25 Feb 2010

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 …

February 11, 2010

SPY Chart – Broke Above Down Trend

Filed under: ETF - 11 Feb 2010

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, …

January 28, 2010

QLD Chart – Is Tech Braking?

Filed under: ETF, Technology - 28 Jan 2010

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 …

January 19, 2010

SSO Chart – Found Support Again

Filed under: ETF - 19 Jan 2010

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 …

January 6, 2010

EEM Chart – Back to the Top of Trading Channel

Filed under: ETF - 06 Jan 2010

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 …

December 24, 2009

Gold Chart (GLD) – Facing Hurdles

Filed under: ETF - 24 Dec 2009

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 …

December 15, 2009

Gold Chart (GLD) – At Potential Support

Filed under: ETF - 15 Dec 2009

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 …

December 14, 2009

XLB Chart – December 14, 2009

Filed under: ETF - 14 Dec 2009

I charted the year to date daily prices for XLB late in the trading day on Monday, December 14th when it was trading at $32.86.  It’s kind of a mixed chart of pick your trend line, pick your story.  The …

December 8, 2009

Gold Chart (GLD) – More Room to Fall

Filed under: ETF - 08 Dec 2009

I charted the large Gold ETF, GLD, this afternoon and see more room for gold to fall.  GLD was trading at $112.14 when I drew the chart below and is very close to touching a new potential line of support, …

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