This week the race was on back to all-time highs. Both the TSX and SPY managed to make new all-time highs while the DIA and QQQ came within less than 1.5% to those highs.
In this week’s video I ask the question – why are traders always looking for corrections at all-time highs? Then we go through the charts to see what the internals, as well as the major sectors, are objectively telling us.
This coming week all eyes will be on the Fed as we can expect to see some volatility from the FOMC announcement and press conference.
Also, don’t forget about quadruple witching this Friday which can also add to the volatility.
Watch this week’s Weekly Outlook video to see the levels we’ll be watching this coming week.
In this week’s video, we look at the technical outlook for the VXX SPY QQQ IWM DIA EEM TSX TLT GLD BTCUSD TOTAL EEM FB AAPL AMZN NFLX GOOG SNAP CGNX EA and more for the week of Weekly Market Outlook For September 16 – 20, 2019.
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