Scott “Shooter” Henderson’s Elliott Wave and proprietary technical analysis of Major Markets. Includes equity ETFs: SPY, QQQ, and treasuries through TLT. Use this analysis as a general market guide and for trading the major market ETFs.
Follow along in chat if you are going to swing trade a portion of your account (requires RARE Investing membership). We recommend starting with trading 5% or less of your total portfolio and no more than 20% even as you gain experience.
Risk On / Risk Off Index Notes
A view of the big indexes that give us a clue as to whether the stock market is more risk on or risk off.
SPY Monthly Chart Risk On!
QQQ Monthly Chart Risk Off!
TLT Monthly Chart Risk Off!
DX Monthly Chart Risk Off! That means Equities Risk On!!!
Notable Global Trends ETF’s