Trendline Wednesday – 2/19/2020

Here are some of the most noteworthy trendline developments across the markets for Wednesday, February 19, 2020.

 

Euro $EURUSD Testing Post-2000 Up Trendline

 

Chinese Shanghai Composite $SSEC Testing Broken 1-Year Up Trendline

 

Spain $IBEX Composite Testing Post-2007 Down Trendline

 

Yen ETF $FXY Breaking Post-2015 Up Trendline

 

If you’d like to see these charts as they come out in real-time, follow us on Twitter and StockTwits. And if you’re interested in the daily “all-access” version of all our charts and research, please check out our site, The Lyons Share. You can follow our investment process and posture every day — including insights into what we’re looking to buy and sell and when. We are also holding a 33% OFF Launch Anniversary Sale right now so it’s a great time to sign up! Thanks for reading!

_____________

Disclaimer: JLFMI’s actual investment decisions are based on our proprietary models. The conclusions based on the study in this letter may or may not be consistent with JLFMI’s actual investment posture at any given time. Additionally, the commentary provided here is for informational purposes only and should not be taken as a recommendation to invest in any specific securities or according to any specific methodologies. Proper due diligence should be performed before investing in any investment vehicle. There is a risk of loss involved in all investments.