Hawk’s Scan Sentry Report May 20, 2013
In this week’s video presentation I demonstrate why I believe that the American equities market is the strongest market in the world right now. I use the TTB Triple Trender and TTB Radar3 Trend Strength tools on a set of synthetic symbols which I created that compare the root symbol to the SPY. Using this method, I can see which markets show strength or weakness relative to the S&P. As far as the sectors within the S&P, the strongest right now are the financial and consumer retail companies. I also go into some detailed analysis of the current gold and crude oil markets as well as look at a few equity and Forex trading opportunities. Check it out, it’s a relatively short video.
For those of you not familiar with “Hawk’s Scan Sentry Report”, on the video examples that follow I explain my analysis for some of the most commonly traded symbols using some of the most highly regarded technical indicators available. These tools are used by both institutional and private traders across the globe and are built into many of today’s most popular trading platforms. However, if you are not familiar with these indicators please follow this link to a legend describing these tools.
May the trend be with you,
Jan Arps’ Traders’ Toolbox is not an investment advisory service nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves. Examples presented on this site are for educational purposes only. It should not be assumed that the methods, techniques, or indicators presented in these examples will be profitable or that they will not result in losses. There is a high degree of risk in trading. Readers using this information are solely responsible for their actions and trade at their own risk. Readers should always check with their licensed financial advisor .