Today we see a bounce up in some of the techstocks, yesterday we printed a large downday. The markets can be hard to understand and trading short-term is difficult.
On this site I will display the trending sector in the North american stockmarket by showing the charts of the best trending sector at the moment. The duration of the trade is up to your preferences but can also be viewed in a chart with signals. When we know which sector is going strong we can also choose an interesting ETF or even a company in the stockmarket.
One important thing to remember when trading is in what timeframe you are in. A trend always starts in the Daily trend and then advances (hopefully) in to a Weekly, Monthly and Quarterly trend.
The sector selection is made from the 11 sectors there is in the market:
Communication services, Consumer Defensive, Real Estate, Industrials, Utilities, Financial Services, Healthcare, Energy, Basic Materials, Consumer Cyclical and Technology.
Next Weekly update will be around 4. August 2024.
