On today’s DecisionPoint Trading Room episode, Carl reviews the Magnificent 7 and gives you his opinion on their current and possible future states. He warns against two in particular and gives his stamp of approval on three others. Negative divergences are still a problem and Carl explains why.
Erin covers the sectors and looks “under the hood” at key sectors to watch. She takes viewers symbol requests and determines whether they look good as longs or holds. Find out where she sees the best buy and sell points!
Watch the latest episode of the DecisionPointTrading Room on DP’s YouTube channel here!
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Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin
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Helpful DecisionPoint Links:
Price Momentum Oscillator (PMO)
Swenlin Trading Oscillators (STO-B and STO-V)
Erin Swenlin is a co-founder of the DecisionPoint.com website along with her father, Carl Swenlin. She launched the DecisionPoint daily blog in 2009 alongside Carl and now serves as a consulting technical analyst and blog contributor at StockCharts.com. Erin is an active Member of the CMT Association. She holds a Master’s degree in Information Resource Management from the Air Force Institute of Technology as well as a Bachelor’s degree in Mathematics from the University of Southern California.
