Here are some of the most noteworthy trendline developments across the markets for Wednesday, March 11, 2020.
S&P 500 $SPX Testing Post-2009 Up Trendline (log scale)
S&P 500 Volatility Index $VIX Testing Post-1987 Down Trendline (log scale)
Financial SPDR $XLF Testing Post-2009 Up Trendline
Pharmaceutical Index $DRG Testing Post-2016 Up Trendline
Boeing $BA Testing Post-2009 Up Trendline
Nike $NKE Testing Post-2009 Up Trendline
Australian Stocks Testing Post-2009 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 risk-managed investment process and posture every day — including insights into what we’re looking to buy and sell and when. 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.