Stock Market Update: SPY - Big Change in Sentiment

Joe Rabil gives an update on the stock market using technical analysis in multiple timeframes. He shows why the 18ma is so important to trend analysis in multiple timeframes and how to frame out the key levels to watch using the different timeframes. In addition, he discusses the important shift in Sentiment and what that means to the current market environment.
Joe's eBook: www.rabilstockresearch.com/book
Joe's Advanced Trend and Momentum Trading/Swing Trading School can be found at: rabilstockrese...
If you have an interest in learning one-on-one from Joe, email [e-mail]. He will teach technical analysis in more detail or help with developing an investing/trading plan.
Joe Rabil is dedicated to providing unbiased analysis of stocks and markets. Helping investors use time-tested bottom-up technical analysis
The Technical Analysis that he teaches uses simple momentum indicators like the MACD and ADX to analyze and predict trends or trend changes using divergence and overbought/oversold readings. Joe is a recognized expert on Trend, Trend Momentum, and Multiple Time Frame Analysis. Here is a link to his book "Invest Like a Pro": www.amazon.com...
Link for Discount on TC2000 Software and brokerage:
www.tc2000.com...
He displays the analysis in an easy to understand way, even for beginner stock trading.
The videos help with:
-Understanding how to use multiple time frame analysis
- Learning simple technical Analysis
- Effective chart patterns
-Tools for improving timing and reducing risk using multiple time frames
- Measuring trade targets
- Identifying good stops for trades
And most importantly trying to give the right mindset to trade efficiently.

[@KeithMacdonald-x2f]

Cheers, Joe. Very informative update, as always.

[@investlikeapro7977]

Great to hear! Thanks

[@shubham73654]

A mini masterclass indeed!

[@investlikeapro7977]

Thanks!

[@titusrider7948]

Fantastic session Joe 👍 Thank you also for posting it in such a timely manner 😊

[@investlikeapro7977]

Glad you enjoyed it

[@blairnye3935]

Useful video as always! Thanks for these weekly updates and lessons. Your book and videos have really helped me in my technical analysis education.

[@investlikeapro7977]

Great to hear! I am glad they have helped.

[@cubsfan1536]

Question for you. Not exactly related to this topic but when the "pros" say something to the extent of "money is leaving the tech sector, but it is not leaving the market, it's rotating into other sectors". What indicators are they looking at for inflows and outflows? Thanks in advance

[@investlikeapro7977]

One indicator I really like for watching sector rotation is the Relative Strength line. This shows how well an instrument is doing without the influence of the SPX. If you look at a chart with this line right now on a weekly chart, you can see the downturn in the XLK recently and the improvement in defensive areas recently.