Daily Versus Weekly Chart Setups on $SPY $QQQ $XBI

Daily Versus Weekly Chart Setups on $SPY $QQQ $XBI

This is a Guest Post by Jake @TrendSpider. 

In this weekend’s analysis, we take a look at the continued volatility during the month of August. The markets were anything but stable with huge moves to the downside and upside but SPY managed to hold above it’s weekly EMA (50) which has been a crucial level in January. To learn more about multi-timeframe analysis and the platform in general, make sure to check out all of our User Guides.

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Daily Versus Weekly Chart Setups on $SPY $QQQ $XBI

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Daily Versus Weekly Chart Setups on $SPY $QQQ $XBI


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SPY: Daily vs. Weekly Chart

Daily Versus Weekly Chart Setups on $SPY $QQQ $XBI

QQQ: Daily vs. Weekly Chart

Daily Versus Weekly Chart Setups on $SPY $QQQ $XBI

XBI: Daily vs. Weekly Chart

Daily Versus Weekly Chart Setups on $SPY $QQQ $XBI


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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.