Trades and Ideas

What Looks More Bullish?

These are the rarely looked at weekly charts. I’m trying to remove the daily noise, need to stop over-trading. Maybe holding longer but for a bigger reward is a better strategy. (I’m contemplating whether I should bother wrecking my nerves with the UYG-or-XLF trade tomorrow. Maybe instead, I should wait for SKF to bottom and average down.)

The only thing that’s just starting – barely – to look in favor of the UYG/XLF is MACD. Just barely.

SKF Weekly chart

UYG Weekly chart

XLF Weekly chart