Category: ETF

I charted the S&P 500 ETF, SPY, this morning at 11:25 when it was trading at 100.33.  To my eyes, this highlights some of the uncertainty in the markets right now.  If you only drew the one month chart you’d see clear support at …

I charted SPY at 9:56 am on July 30, 2009 when it was trading at $99.24.  I’d love to jump into this rally, but the line of resistance from the trend line of higher highs looks menacing.  It looks like …

I charted the large Oil ETF, USO, at 2:48 pm on July 29, 2009 while USO was trading at $33.56.  USO gapped down this morning to open just below $35.00 and has drifted down from there throughout the day.  Once …

I drew a candle chart of PowerShares QQQ Trust Series (QQQQ) when it was trading at 39.48 at 3:15 pm on July 23, 2009. 

I see QQQQ hitting resistance here at the point of its trend line of higher highs.  From this line …

I charted USO before the markets opened on 7/20/09.  On Friday it closed at $34.24 and is up in premarket trading.  USO looks to have more upside potential than downside risk from here.  It found support on its long trend …

I charted United States Oil Fund LP (NYSE: USO) at 12:23pm when it last traded at $33.95.  While a lot of bearish news has caused a solid pull back in USO, it could be nearing support around this level just below …

I charted MidCap SPDR ETF (MDY) on Wednesday afternoon while it was trading at $102.66.

MDY found support yesterday at the point of its short trend line of lower lows and its longer trend line of higher lows
MDY hit resistance today …

I charted United States Oil Fund LP (NYSE Arca:USO) at 9:48 am while USO was trading at $59.48. 

USO is at the top end of its trading channel near its trend line of higher highs
The 200 day moving average didn’t make …

I charted the S&P 500 Index ETF, SPY, before the markets opened on June 4, 2009, after it closed at 93.65 on the 3rd.

SPY found support yesterday just above its 200 day moving average
SPY is still in the middle of …

I charted the past six months of weekly price movement for the SPDR Gold Trust (GLD) before the markets opened on May 22, 2009.  It closed at $93.85 on the 21st. 

GLD moved above its 10 and 20 week moving averages …