Category Archives: Weekly Charts

Market Outlook: What Was Once Solid Support Is Now Formidable Resistance

In December the major market indices dropped sharply and broke below areas of former support on their weekly charts. These zones had provided strong support in February and April last year, and later in November. As we know when a support level fails and price breaks down, the support level reverses roles and becomes resistance.… Read More »

Short High Yield Corporate Debt With This ETF

Total corporate debt is estimated to be around nine trillion dollars. There is increasing concern over how companies will manage this load as credit spreads widen. At some point in time, rising interest rates will slow economic activity and the credit cycle will turn. Corporate profits will decline and some companies will see their investment… Read More »

Putting The Recent Market Volatility Into Perspective – On Mad Money With Jim Cramer

It’s always exciting to be featured on the “Off the Charts” segment of Mad Money on CNBC. Jim Cramer is a master at taking a dry two-dimensional topic like charting, and bringing it alive with his own insights and humor. On tonight’s show, Jim articulated perfectly the RightView Trading take on the broader market on… Read More »