This is a Guest Post by @TrendSpider and originally appeared on their TrendSpider Blog.
In this weekend’s blog post, we take a look at the broad market ETFs pushing higher as some of the lower indicators and more speculative ETF’s show “risk off” mode may be kicking back in. However, the trendlines above on SPY and QQQ suggest a continued grind higher may continue as bears try to call the top.
Weekend Video Analysis
SPY: Daily vs. Weekly Chart
QQQ: Daily vs. Weekly Chart
XBI: Daily vs. Weekly Chart
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