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DP Trading Room: Intermediate-Term View of the Magnificent 7

by April 29, 2024
April 29, 2024
DP Trading Room: Intermediate-Term View of the Magnificent 7

Today Carl puts the spotlight on the Magnificent 7 with a look at not only the daily charts, but also a review of the intermediate term using weekly charts. See where they are headed short-term and what are our expectations are in the intermediate term.

Carl also gave us his take on the market in general. Erin paid special attention to small-caps as part of her symbol request review. Plenty of Semiconductors hit the symbol requests as well.

Don’t miss your opportunity to join us live! Go to our homepage http://www.decisionpoint.com to sign up now!

01:02 Signal Tables

03:40 Market Overview

07:04 The Dollar, Gold & Crude Oil

09:04 Bonds and Treasury Yields

12:11 Magnificent 7 Short and Intermediate Terms

19:36 Gold Miners

24:00 Sector Overview

31:22 Symbol Requests

Watch the latest episode of the DecisionPointTrading Room on DP’s YouTube channel here!

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Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin

(c) Copyright 2024 DecisionPoint.com

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.

Helpful DecisionPoint Links:

Trend Models

Price Momentum Oscillator (PMO)

On Balance Volume

Swenlin Trading Oscillators (STO-B and STO-V)

ITBM and ITVM

SCTR Ranking

Bear Market Rules

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