Another Non-Confirmation of Last Weeks Highs in the S&P 500 Index
The Total Technical Ranking or “TER” is the sum (ranging from 0-1500) of all 30 US Index and Sector ETFS individual objective Technical Rankings that range from 0-50 that we track each week in the ETF Study The “TER” act...
The Total Technical Ranking or “TER” is the sum (ranging from 0-1500) of all 30 US Index and Sector ETFS individual objective Technical Rankings that range from 0-50 that we track each week in the ETF Study The “TER” acts as a confirmation / non-confirmation and breadth indicator. The “TER” has not confirmed last week’s record weekly closing high, again. An explanation of the ETF Studies and my technical ranking system can be found in an interview in Technical Analysis of Stocks and Commodities Magazine May Issue at
Original source
Read on The Market's CompassRelated market context
Kalshi reports $10B record tech stock sell-off last week
The tech stock sell-off highlights growing investor caution in AI sectors, prompting a shift towards more nuanced investment strat...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
Crypto exchanges are opening a two-front war for the stock market
Binance, Kraken, Bybit, and Gemini are moving to add US stocks and ETFs to their crypto trading apps, making a direct play for the...
Bitcoin Price Prediction: JPMorgan Fuds BTC as Debasement Trade Retreat Accelerates
JPMorgan is calling it. The debasement trade, or the macro thesis that drove billions into Bitcoin price and gold, is unwinding, a...
Fortune Magazine unveils inaugural Crypto 100 rankings, BlackRock tops ETFs
The Crypto 100 rankings highlight the growing institutional influence in the crypto sector, signaling a shift towards mainstream a...
Elon Musk’s SpaceX IPO fever sparks $1 billion crypto bet before Nasdaq debut
Crypto traders have turned Elon Musk’s expected SpaceX listing into a round-the-clock proxy market, pushing more than $1 billion t...