In this episode of DecisionPoint, Carl and Erin talk about some of the short-term technicals that are beginning to suggest weakness under the surface. Carl explains reverse divergences for On-Balance Volume (OBV) and price both with respect to Technology (XLK) and in general. Erin reveals what our dynamite Swenlin Trading Oscillators (STOs) and Net Breadth indicators have to say about the continuation of this rally. Carl updates his earnings chart and discusses the implications of the virus and "fair value" ranges.
This video was originally recorded on April 13th, 2020. Please note the video cannot be enlarged on this webpage; click anywhere on the DecisionPoint logo above to view on our dedicated show page, or click this link to see a larger version on YouTube.