$VTI.ASX Great looking chart - ready to pop
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Heres some interesting spots on chart. xlf been lagging. similar to iwm.. which looked to be backing out of similar resistance zones. May pickup some puts to add to my rally for nothing hedge.. Keep waiting to hear why we're back up here. fed rate that never changed? trump deals that never get made? earnings revisions everywhere.. so much debt.. etc Seems...
Traders. Side by side you'll see the daily chart of the two most liquid markets in the world. The S&P500 and the Nasdaq. With these charts I'd like to say Thank You for those of you who helped me realize my true trading edge is with these indexes. My win/loss ratio has improved greatly and I'm able to handle my trading plan with discipline. Its safe to say...
Is it going to break out (with a 40 week MA ticking up)? Quite possible in the next several weeks. We will watch this ratio closely as each time it breaks out, market is in rout.
VTI daily is counter trend. Intermediate bearish. Eyes on the target just below the kijun sen.
Just watching to see how this looks by end of the week
It is more obvious now, as VWO has been outperforming for several months. As the ratio is still turning, we should be moving into emerging market but only gradually.
The ratio has a breakout, held a higher high, is above 10 month MA, RSI broke out. So I guess it is time to BEGIN to overweight emerging market.
VWO has been outperforming since the start of the year. So far, the overall trend is still up but showing signs of crack. RSI and MACD are both breaking. the ratio itself is still above the support, and the MA cross is yet to generate a sell signal.
$VTI weekly is testing the resistance. Indicators re undecided.
Just seeing what happens with this next week. Could be that it consolidates a bit under resistance. Would like to see weekly MACD cross down.
VTI weekly looks like another lower high here.
I am looking for a possible rejection on this VTI weekly chart. This is a very good indicator chart. See if we get the rejction