Bio-Tech; Impressive breakout taking place

Bio-Tech; Impressive breakout taking place

CLICK ON CHART TO ENLARGE The chart above looks at Bio-Tech ETF (XBI) over the past 3-years. It has spent the majority of the past couple of years inside of rising channel (A), reflecting that its trend remains up. It created a series of horizontal highs over the past...
Tech Bulls Concerned If Selling Starts Here

Tech Bulls Concerned If Selling Starts Here

CLICK ON CHART TO ENLARGE The Trend for the Nasdaq and Semiconductors remains up, as each is near all-time highs and both are reflecting relative strength over the broad markets. Ths 4-pack above looks at some key price points for Tech and Mid-Caps that are in play at...
Interest Rates; 20-Year Breakout Test In Play

Interest Rates; 20-Year Breakout Test In Play

CLICK ON CHART TO ENLARGE The chart above looks at the yield on the 10-year note (TNX) over the past 25-years. The long-term trend is down as an important trend test is in play currently. The 10-year yield has spent the majority of the past 20-years inside of falling...