XLI sheds 1.5% and the decline holds its stride into its 4th week
XLI sheds 1.5% and closes its 5th straight down week. The sell signal is in week 4 and strength climbs to 100: lower lows, pace holding. XLI technical analysis of the levels that matter for swing trading.
XLG adds 0.5% and bounces off its 20-day average, with the breakout still to come
XLG bounces 2% off its 20-day average and returns to the edge of its 7-day high, in the 63.2 area. XLG technical analysis — the Invesco ETF on the S&P 500's 50 largest names: a buy signal in week 6, orderly price action, still a thin push.
XLF sheds 2.4% as sellers take extreme control of the weekly bar
XLF sheds 2.4% and opens a fresh sell signal right at its recent lows. Sellers dominated the weekly bar and buying fell below 25% of volume: heavy price action trading on the US financial sector ETF, still perched above its long-term averages and one for swing trading watchlists.
XLE slips 1.3% and stays glued to its highs as the buy signal turns 9 weeks old
XLE slips 1.3% and stays pinned near its highs, rejected 3 times in 10 weeks. Technical analysis of the US energy sector ETF: a swing trading setup with sellers ahead on price action, ADX rising and the buy signal now in week 9, up 11.5%.
XLC slips 1.6% as the MACD histogram turns down after 7 weeks up
XLC slips 1.6% and the MACD histogram turns down after 7 weeks of gains. Sellers ruled the weekly bar and distribution is underway: the buy trade setup reaches week 9 barely above breakeven, still penned inside a narrow band.
XLB sheds 1.9% as a fresh sell signal fires with sellers owning the bar
XLB sheds 1.9% and closes its fourth down week with sellers owning the bar. A fresh sell signal fires on the US materials sector ETF, yet price is hugging its lows and the price action argues for patience before any swing setup.
TeraWulf +1.6%: buyers take 98% of volume while money flow stays negative
TeraWulf climbs 1.6% for a third straight week, with 98% of weekly volume on the buy side. Money flow has stayed below zero for 13 weeks and distribution continues: the sell signal on this US stock is 12 weeks into management, almost 20% in profit.
Walmart slips 0.4% as sellers take back control of the weekly tape
Walmart slips 0.4% and sellers are back to 84% of volume after a week that was almost all buying. Weekly price action trading still shows distribution, while the daily chart counts 3 higher lows, with Walmart stock pinned inside a narrow band.
Wells Fargo drops 4.6% as sellers take 95% of the weekly volume
Wells Fargo stock drops 4.6% as sellers take 95% of the week's volume. The MACD still holds above its Signal after 15 weeks and money flow stays positive: price action trading worth watching among US bank stocks.
Western Digital slips 1.3% as buyers take 82% of the week's volume
Western Digital slips 1.3% while buyers take 82% of the weekly volume. The short has been under management for 12 weeks, more than 18% in profit, with the ADX falling for 13 weeks. Weekly technical analysis and price action of the ongoing decline.
Verizon drops 5% and snaps a 9-week climb, yet the weekly structure holds
Verizon drops 5% and closes its first down week after 9 higher ones. Verizon stock still sits above its 50-week average and the buy signal, in week 7, stays in profit, while weekly price action trading shows sellers firmly in charge.
VXUS slips 1.4% while buyers take back the majority of weekly volume
VXUS slips 1.4% in its second week lower, yet buyers reclaim 54% of volume. Technical analysis of the Vanguard international ex-US ETF: MACD still under its Signal, money flow positive, an indecisive weekly bar and price pinned between two moving averages.
VWO slips 0.6% with 99% of volume on the buy side: a divergence opens
VWO slips 0.6% even though 99% of the week's volume went through on the buy side. The Vanguard emerging markets ETF sits below its 20-day average, with MACD under the Signal line and money flow positive for 18 weeks. Weekly technical analysis and price action.
VTI ETF slips 0.2% and opens a sell signal that arrives with no push
VTI slips 0.2% and a fresh sell signal fires with strength at just 2. The daily chart prints 4 lower highs, from the 382 area toward the 376 area, a price action trading case to watch, yet our model rates the trade setup as high risk.