The Key Trend Lines on the $SPY and $QQQ Charts

The Key Trend Lines on the $SPY and $QQQ Charts

This is a Guest Post by Jake @TrendSpider. 

 

In this Thursday analysis, we take a look a few Raindrop Charts (TM) into the last trading day of the week. To learn more about Raindrop Charts (TM) click here!

Video Analysis


SPY: Daily Chart

The Key Trend Lines on the $SPY and $QQQ Charts

 


QQQ: Daily Chart

The Key Trend Lines on the $SPY and $QQQ Charts

 


TEUM: Daily Chart

The Key Trend Lines on the $SPY and $QQQ Charts

 

TrendSpider is a new type of charting platform designed to help active traders make smarter trading decisions by automating the grunt work they normally do by hand. It is the first (and only) charting system to offer a fully-customizable automation engine and patent-pending dynamic price alerts on indicators, trendlines and complex multi-conditional criteria on top of a charting system. Through these features and others, TrendSpider helps active traders find better trade setups, faster, with greater accuracy, while improving their trade timing. Here is the link to check this charting service out—–-> https://www.trendspider.com/


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REMEMBER: These are charts that have interesting technical setups based on automated technical indicator analysis included. Charts and analysis provided for educational reasons only. TRENDSPIDER IS A CHART ANALYSIS PLATFORM. IT IS NOT INTENDED TO BE TRADING OR INVESTING ADVICE. ALWAYS DO YOUR OWN DUE DILIGENCE USING MULTIPLE SOURCES OF INFORMATION AND/OR SEEK THE ADVICE OF A LICENSED PROFESSIONAL BEFORE TRADING OR INVESTING. Please read our full risk disclaimer on our website by clicking here.