IWM is finding resistance at the long term trendline lost in the January correction.
The transports larger head and shoulders top also has a smaller head and shoulders bottom forming on the right shoulder. This will be a huge tell.
ICLN is a green energy ETF. The structure is very bullish, but it may need some time. This is a good place to look on weakness.
Commodities are now outperforming all bonds and stocks. This has major implications for the markets. Mainly, bulls want to see TLT maintain strength.
Base metals have coiled and coiled for nearly 2/3 of a year. It looks headed higher, but when?
Some short term sell opportunities are lining up in ETF's outside of the US markets.
Singapore is finding resistance at the lost support line from 2013. It appears to be a great short opportunity.
EWQ is also offering a short entry at the top of this broadening wedge.
EEM is finding resistance at a prior support trendline
Saving the most important for last, semi's couldn't close the week over the resistance from the mid 2000's. This a huge deal and could be a great space to look short with downside followthrough.
