by Dan Gibby | Nov 18, 2018 | ETF Past Letters
We still have conflicting time frames which means that we are not expecting a huge run from here (provided last week’s bullish reversal follows through). We have two new bullish recommendations based on the daily charts. Going into the shortened holiday week...
by Dan Gibby | Nov 11, 2018 | ETF Past Letters
The weekly and daily time frames of the broader markets are out of sync and that tends to make the market’s or ETF’s direction a coin flip. The weekly trends have been violated in the broader market indices — and they were violated decisively with a strong...
by Dan Gibby | Nov 4, 2018 | ETF Past Letters
We are in information collection mode now. The broader markets are in a bit of a precarious situation here. At the moment, the odds favor an attempt to hold the recent low on a retracement and a continued attempt to try and move higher. That being said, there are...
by Dan Gibby | Oct 28, 2018 | ETF Past Letters
Last week we said since there is always the possibility of some crazy move to occur, one scenario would be that prices do not reverse after moving to the prior swing low. Because there is a Void of support below that prior swing low, it opens up the possibility of a...
by Dan Gibby | Oct 21, 2018 | ETF Past Letters
Despite last Tuesday’s impressive oversold bounce, by the end of the week, the majority of broader market indices did not move that far from the prior week’s close. The majority of sector ETF’s were down on the week in the area of 1%. The worst performers were...
by Dan Gibby | Oct 14, 2018 | ETF Past Letters
Knowing that the markets were in an odd type of corrective mode, we said to “trade accordingly,” which means, smaller positions. By the end of the week before last, it was apparent to all that the broader markets were in trouble and the odds were high that...
