In this episode of DecisionPoint, Carl and Erin thoroughly review market price action and indicators in all timeframes. Carl spends some time discussing his sector chart annotations spotlighting Communications (XLC) and Technology (XLK). Of particular concern are the Swenlin Trading Oscillators, short-term indicators that have been quite prophetic at market tops and bottoms — currently, they are topping. Erin looks at the STOs for the other major market indexes as well. Carl introduces a new ETF called “Inflation Beneficiaries (INFL)” and Erin finishes with her Diamond of the Week from the Consumer Discretionary sector.
This video was originally recorded on April 12th, 2021. Click anywhere on the DecisionPoint logo above to view on our dedicated show page, or click this link to watch on YouTube. You can also watch this episode and other past episodes on the new StockCharts on demand video service, StockChartsTV.com. Registration is free!
New episodes of DecisionPoint air on Mondays at 7pm ET on StockCharts TV. Archived episodes of the show are available at this link.