SwanFrench

SwanFrench

To me, looks like a swing failure low. As long as this low holds it could be bullish for gold. With this talk of inflation, who knows.

SwanFrench

To me, it looks like a swing failure low. As long as it holds above that previous low, could be bullish for silver.

SwanFrench

A lot of people have a problem with IWM underperforming VS QQQ and SPY.. But IWM had been outperforming for a long time prior to this.

SwanFrench

XLV vs SPY has bounced off an area of interest for me. In my opinion this is bullish for healthcare stocks.

SwanFrench

ARKK vs SPY still rejecting off of an area of interest for me.

SwanFrench

This is a Monthly chart. EWZ has broken out of a 11 year base.

SwanFrench

Healthcare sector vs SPY. Still underperforming the market. Just watching.

SwanFrench

FFTY.. IBD growth type stocks vs SPY. Not a very good look for me. Keeping me out of a lot of growth names. Saved a lot of headaches.

SwanFrench

TeleCommunications vs SPY.. sector that includes Facebook, Disney and Netflix. As long as price remains above my marked line, im bullish.

SwanFrench

Materials sector vs SPY. Metals and mining starting to look a lot better. Ive been holding FCX for months. Also have some positions in silver. Will continue to watch.

SwanFrench

Not a good look for cloud computing vs spy. Would be more bullish above the marked line.

SwanFrench

Tech vs Spy.. Not a good look for tech yet. While we remain under that marked line, its hard to be bullish tech overall for me. Will continue to watch.

SwanFrench

GOOGL showing great strength. If the market can bottom here, the pressure could be released off of GOOGL. Will be watching to enter next week.

SwanFrench

MSFT still hanging around showing some strength in these tough markets. Still holding an area of interest I marked out before.

SwanFrench

PLTR is green, so far, today. Check out the SPX up top, and the recent PLTR price movement. Showing relative strength.

SwanFrench

Top charts are the S&P, Nasdaq and Russell stocks above the 50DMA, below is the indicies themselves. Notice the divergences. The amount of stocks above the 50 are declining while prices moved higher. May lead to lower prices. Just something to keep an eye on until it gets itself worked out.

SwanFrench

This name is still holding up very well in this market. I did get whipped out of my position with that recent big wick down. Oh well. Still will stalk an entry as long as the market hold up.

SwanFrench

Check out those down volume bars. You cannot ignore those. They may bring some further downside or just some killer chop. Either way its good to step aside and observe.