The Thanksgiving Rally Should Not Be Trusted
PACF › iShares U.S. Pharmaceutical ETF (PACF:IHE)
Equity
iShares S&P US Mid-cap Index ETF (XMC) +85
11 hours ago
Trading up +0.25 (+0.95%) at 26.29. Countertrend Up (+85) - XMC is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
ProShares UltraPro Short Russell2000 (SRTY) -75
10 hours ago
Trading down -0.44 (-0.90%) at 48.78. Bear Market Rally (-75) - SRTY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SRTY as it may be in the beginning of a reversal.
Index
CAT China Infrastructure (TR) (TXCHINFR) +70
15 minutes ago
Trading up +1.77 (+2.87%) at 63.39. Bull Market Weakness (+75) - TXCHINFR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TXCHINFR as it may be in the beginning stages of a reversal.
iShares Semiconductor ETF (SOXX) -55
10 hours ago
Trading down -0.79 (-0.22%) at 366.20. Sidelines Mode (-55) - SOXX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Future
STERLING/NORWAY KRONE DECEMBER 2022 (@PK.Z22) +75
27 minutes ago
Trading down -0.01750 (-0.15%) at 11.95000. Bull Market Weakness (+75) - @PK.Z22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @PK.Z22 as it may be in the beginning stages of a reversal.
BLOOMBERG COMMODITY INDEX Dec 2022 (AW.Z22) -100
9 hours ago
Trading up +0.66 (+0.57%) at 115.19. Strong Downtrend (-100) - AW.Z22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AW.Z22 continues to fall. Traders should use caution and set stops.
Foreign Exchange
South Korean Won/Swedish Krona (KRWSEK) +60
this minute
Trading up +0.00000400 (+0.05%) at 0.00801286. Crossroads (+60) - KRWSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Chinese Yuan Renminbi/Danish Krone (CNYDKK) -85
44 minutes ago
Trading down -0.0003780 (-0.04%) at 1.0054368. Countertrend Down (-85) - CNYDKK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Mutual Fund
BrandywineGLOBAL - Small Cap Value Fund - Class R (LEGHX) +85
9 hours ago
Trading up +0.13 (+1.27%) at 10.36. Countertrend Up (+85) - LEGHX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Invesco Senior Loan Fund Class IB (XPRTX) -75
8 hours ago
Trading down -0.01 (-0.17%) at 5.95. Bear Market Rally (-75) - XPRTX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on XPRTX as it may be in the beginning of a reversal.