The Weekly Trend
The Weekly Trend is a conversation on various publicly-traded markets, seen through the eyes of technical analysis.
The Weekly Trend
Episode 119: Dirt Nap
June 18, 2022
•
David Zarling, Ian McMillan
•
Season 3
•
Episode 21
In this week’s episode, Dave and Ian discuss the “final” sectors finally seeing selling pressure, the Russell giving up all of its post-Covid gains, retail drawdowns, and the VIX. Energy stocks and crude get hit. Cryptocurrencies are also seeing continued weakness. David covers failed breakouts in Pharma names. Ian gives some updates on where we stand with AVWAPs.