On this episode of DecisionPoint, Carl walks viewers through the broad markets using the Golden Cross Index and Silver Cross Index. As part of the indicator review today, Carl and Erin discuss how to determine market bias using participation and the Golden Cross/Silver Cross Indexes. Currently, the bias is bearish in all three timeframes. Erin reviews the lack of momentum in nearly every sector and finishes with three Diamonds of the Week, including a big winner for DP Diamonds Report subscribers that has plenty of upside available!
This video was originally recorded on November 29, 2021. Click anywhere on the DecisionPoint logo above to view on our dedicated show page, or click this link to watch on YouTube. You can also watch this episode and other past episodes on the StockCharts on demand video service, StockChartsTV.com. Registration is free!
New episodes of DecisionPoint air on Mondays at 7pm ET on StockCharts TV. Archived episodes of the show are available at this link.
About the author:
Carl Swenlin is a veteran technical analyst who has been actively engaged in market analysis since 1981. A pioneer in the creation of online technical resources, he was president and founder of DecisionPoint.com, one of the premier market timing and technical analysis websites on the web. DecisionPoint specializes in stock market indicators and charting. Since DecisionPoint merged with StockCharts.com in 2013, Carl has served a consulting technical analyst and blog contributor.
Learn More
About the author:
Erin Swenlin is a co-founder of the DecisionPoint.com website along with her father, Carl Swenlin. She launched the DecisionPoint daily blog in 2009 alongside Carl and now serves as a consulting technical analyst and blog contributor at StockCharts.com. Erin is an active Member of the CMT Association. She holds a Master's degree in Information Resource Management from the Air Force Institute of Technology as well as a Bachelor's degree in Mathematics from the University of Southern California.
Learn More
