Sector rotations show strengthening in real estate looking good here.
Energy showing some life, perhaps new leadership from Real Estate?
Episode Overview This episode focuses on Ryan's sector analysis and what he's looking for when determining which sectors to trade from. 🎧 Listen Now: Available on: Apple Podcasts | Spotify | Amazon | YouTube Episode Highlights & Timestamps [0:07] IntroductionRyan kicks off the episode by setting the tone on managing complexity in trading, particularly around sector analysis. [1:13] Listener Question: Otis from
Goldman Sachs (GS) breakout of cup and handle pattern but I can't trust it ahead of 4/18 earnings. Alibaba Group (BABA) Bull flag pattern failed to breakout and broke to the downside instead. Second consecutive day where the Real Estate Sector (XLRE) could not hold the breakout level. Watch American Airlines (AAL) as
$AMC running hot into heavy layers of resistance. Just like previous runs, its a sucker’s rally that will cost traders a lot of their capital…again.
$CCJ double top pattern nearing confirmation.
$SOFI bear flag confirmed with one support level remaining at $4.82.
$XLRE pulling back to its short-term, rising trend-line. Watch to see if it can muster a bounce.
$CPT head and shoulders pattern forming.