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DP Trading Room: Intermediate-Term View of the Magnificent 7

by April 29, 2024
April 29, 2024
DP Trading Room: Intermediate-Term View of the Magnificent 7

Today Carl puts the spotlight on the Magnificent 7 with a look at not only the daily charts, but also a review of the intermediate term using weekly charts. See where they are headed short-term and what are our expectations are in the intermediate term.

Carl also gave us his take on the market in general. Erin paid special attention to small-caps as part of her symbol request review. Plenty of Semiconductors hit the symbol requests as well.

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01:02 Signal Tables

03:40 Market Overview

07:04 The Dollar, Gold & Crude Oil

09:04 Bonds and Treasury Yields

12:11 Magnificent 7 Short and Intermediate Terms

19:36 Gold Miners

24:00 Sector Overview

31:22 Symbol Requests

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Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin

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DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.

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