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	<item>
		<title>Technology Sector Review: 7/1/25</title>
		<link>https://www.chartsmarter.com/2025/06/30/technology-sector-review-7-1-25/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=technology-sector-review-7-1-25</link>
					<comments>https://www.chartsmarter.com/2025/06/30/technology-sector-review-7-1-25/#respond</comments>
		
		<dc:creator><![CDATA[Douglas Busch]]></dc:creator>
		<pubDate>Mon, 30 Jun 2025 22:31:49 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.chartsmarter.com/?p=68453</guid>

					<description><![CDATA[Semi Pause?

Things are not supposed to go up in a straight line. The semiconductors have shown overall strength since the early April bottom and against software has been firm for the last 8 weeks. Its 200-day SMA is starting to slope higher for the first time in 2025, and the 50-day SMA is quickly catching up, seemingly ready to record a bullish golden cross. Overall the group, via the SOXX, is still lagging 11% off its most recent 52-week highs while the IGV is just 1% off its annual peak. The daily chart below of the fund shows some dubious candlesticks late last week but PRICE is still charging higher. But it should have investors a bit on edge as a prudent pullback would be at least welcome. Of course, on Monday we have our MONTHLY candles but there is not much significant with the candles themselves, but notice with just the fourth touch of the rising 50 MONTH SMA in the last decade with the big reversal in April afterward PRICE tends to rise significantly (this should gravitate toward the overbought 85 RSI area which it did in 2017-18 and 2020-22). The WEELY chart did manage to register a breakout above a double bottom pivot of 237.61 last week and look for a powerful move into year-end. But there is no reason why this can not pullback a bit into the 225-230 range before the next leg up.]]></description>
		
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		<title>Financial Sector Review: 6/27/25</title>
		<link>https://www.chartsmarter.com/2025/06/26/financial-sector-review-6-27-25/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=financial-sector-review-6-27-25</link>
					<comments>https://www.chartsmarter.com/2025/06/26/financial-sector-review-6-27-25/#respond</comments>
		
		<dc:creator><![CDATA[Douglas Busch]]></dc:creator>
		<pubDate>Thu, 26 Jun 2025 20:34:34 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.chartsmarter.com/?p=68439</guid>

					<description><![CDATA[Regional Differences:

There has been a bifurcation in the financial arena between the regional banks and the traditional money centers. The XLF has been in the driver's seat overall but during the last 10 weeks, the KRE has been acting better as seen on the ratio chart. On a YTD basis, the KRE is still lower by 2%, while the XLF is up 7%, and while the XLF is trading just 2% off its most recent 52-week highs, the KRE is 15% off its annual peak. Time for some mean reversion? Looking at the top 3 holdings in the well-balanced KRE, each has broken above bull flags. EWBC is inching above the very round par number, a feat in itself, and a break above a 95 trigger carries a measured move to 122. CFG could see a potential measured move to 51 after taking out a 42 bull flag pivot, and MTB on its WEEKLY chart just recorded its first bullish MACD crossover in one year and looks ready to travel to the very round 200 number in a double bottom base. It is no coincidence that regionals have firmed up with the 10-year looking for a third straight WEEKLY loss, but as it broke below the 200-day SMA Thursday, let's be careful with the euphoria as 2 of the last 3 times it did that the yield quickly recaptured the secular line.]]></description>
		
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		<title>Financial Sector Review: 6/26/25</title>
		<link>https://www.chartsmarter.com/2025/06/25/financial-sector-review-6-26-25/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=financial-sector-review-6-26-25</link>
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		<dc:creator><![CDATA[Douglas Busch]]></dc:creator>
		<pubDate>Wed, 25 Jun 2025 20:19:35 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.chartsmarter.com/?p=68426</guid>

					<description><![CDATA[XLF Heavyweights: 

When one looks at ETFs, sometimes the top-heavy ones are a double-edged sword. Today we will take a peek at some inside the XLF, which some consider essential for the overall group to contribute to an ongoing rally. The top holding in the fund, in BRKB at more than 12%, has certainly lagged down 10% from its most recent 52-week highs (the XLF is just 2% from its annual peak) but looks like a good risk/reward situation here. Notice how touches of the 50 WEEK SMA below have given the stock some breathing room for future advances and the last 4 all recorded bullish candlesticks there too with a harami in March 2023, morning star in October 2023, and then engulfing candles this January and April. This top holding could provide some juice for the XLF to run if it can end this rare 3-week losing streak by Friday's CLOSE (just one other has occurred since November 2023!) Other influential names to watch include GS which is acting well POST breakout above a double bottom with handle pivot of 617.81 from 6/11, and encapsulating the entire 5-month pattern is an add-on, but devilish, 665.66 cup base pattern here that ws taken out on Wednesday. A break above that trigger could carry a measured move to 890 sometime in 2026. GS is crushing BRKB since the start of April as seen here on the daily ratio chart.]]></description>
		
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		<title>Technology Sector Review: 6/24/25</title>
		<link>https://www.chartsmarter.com/2025/06/23/technology-sector-review-6-24-25/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=technology-sector-review-6-24-25</link>
					<comments>https://www.chartsmarter.com/2025/06/23/technology-sector-review-6-24-25/#respond</comments>
		
		<dc:creator><![CDATA[Douglas Busch]]></dc:creator>
		<pubDate>Mon, 23 Jun 2025 20:19:41 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.chartsmarter.com/?p=68415</guid>

					<description><![CDATA[Nasdaq Rolling:   

Technology has remained resilient and even a brisk mid-day selloff of more than 200 handles Monday was not enough to deter this ongoing, impressive rally. Could it end tomorrow? Of course, but one must be exasperated if they have been trying to get short the market anytime since the 4/7 bottom. Below is the daily chart of the Nasdaq as it approaches the very round 20000 number, a level that gave the benchmark headaches in late 2024 and early 2025 as seen here on the WEEKLY chart. The semiconductors have come back to life as the WEEKLY SMH chart nears a double bottom trigger of 269.76 in a one-year base, and the SMH has advanced 9 of the last 11 weeks, albeit last week did record a doji candle after a handle run (and the week before was a bearish shooting star). Monday software via the IGV successfully retested a double bottom with handle pivot of 105.71. So when the semis and software are acting well technically it is hard to get too bearish. Among the big components to watch in the index MSFT and NVDA look fine, with the former touching all-time highs. If AAPL, the worst of the top 3 by far now 22% off its most recent 52-week highs, can break ABOVE 203 in a bearish head and shoulders that could give the Nasdaq a lift, especially if MSFT and NVDA need a chance to catch their breath.]]></description>
		
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		<title>Consumer Sector Review: 6/23/25</title>
		<link>https://www.chartsmarter.com/2025/06/21/consumer-sector-review-6-23-25/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=consumer-sector-review-6-23-25</link>
					<comments>https://www.chartsmarter.com/2025/06/21/consumer-sector-review-6-23-25/#respond</comments>
		
		<dc:creator><![CDATA[Douglas Busch]]></dc:creator>
		<pubDate>Sat, 21 Jun 2025 17:31:10 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.chartsmarter.com/?p=68404</guid>

					<description><![CDATA[No "DASH" For Trash:

Looking over the components in the XLY, some have really struggled. The third largest holding behind the juggernauts of TSLA and AMZN, Home Depot over the last one month period has recorded back to back advances once on 5/29-30, and is in "bear market" mode 20% off its most recent 52 week highs. Since 3/7 it has swam below the 200 day SMA and we know nothing good happens beneath that secular line. ORLY, another top 10 holding has formed a bearish descending triangle not long after a 15:1 split, and it is not uncommon for stocks to struggle after undergoing one. As the selection committee for the XLY, one of the best moves they could have made was adding the daily chart below of DASH. A leader in every sense of the word, it is up 31% YTD and up nearly a double over the last one year period. On its MONTHLY chart in June it is peaking its head above a 215.35 cup with handle pivot, but must CLOSE above their on Monday June 30th to be considered legitimate. Notice how it seemed allergic to the 220 area as it was above the number for 3 months between September and November 2021, but all CLOSED well below it with finishes of 205.98, 194.80, and 178.77. How it ends June could be very telling. ]]></description>
		
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		<title>Healthcare Sector Review: 6/18/25</title>
		<link>https://www.chartsmarter.com/2025/06/17/healthcare-sector-review-6-18-25/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=healthcare-sector-review-6-18-25</link>
					<comments>https://www.chartsmarter.com/2025/06/17/healthcare-sector-review-6-18-25/#respond</comments>
		
		<dc:creator><![CDATA[Douglas Busch]]></dc:creator>
		<pubDate>Tue, 17 Jun 2025 20:20:01 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.chartsmarter.com/?p=68389</guid>

					<description><![CDATA[Healthcare Inflection Point: 

Within the 11 major S&amp;P sectors on a YTD basis, there is some interesting bifurcation. Atop the leaderboard sits the industrials and in the cellar is consumer discretionary. Notice healthcare is one of only two groups in the red off almost 3% so far in 2025. Below is the MONTHLY chart of the XLV and this is finding too much comfort along its upward sloping 50 MONTH SMA. Perhaps it is gathering some stamina for a "healthy" run, pun intended, but if June or July can not push off it, I think some trouble could lie ahead. The WEEKLY chart shows a bearish engulfing candle heading into Wednesday, down 2%, and as ugly as some of these WEEKLY losses have looked the ETF fights back the very next week. The last 4 WEEKLY losses that all CLOSED hard upon their lows the weeks ending 4/4, 4/18, 5/9, and 5/23 (boxed), never saw any follow-through lower with the next week advancing. A potential double bottom, with a 149.84 trigger, is forming if the XLV can right the ship and remain north of the 200 WEEK SMA. The MONTHLY XBI chart still has my attention as the last time it traded toward the 70 number it bounced hard reaching 93.48, 174.45, 95.02, and 103.37 in 2019, 2021, 2022, and 2024. A break ABOVE the bearish head and shoulders pattern would be very bullish. ]]></description>
		
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		<title>Industrial Sector Review: 6/17/25</title>
		<link>https://www.chartsmarter.com/2025/06/16/industrial-sector-review-6-17-25/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=industrial-sector-review-6-17-25</link>
					<comments>https://www.chartsmarter.com/2025/06/16/industrial-sector-review-6-17-25/#respond</comments>
		
		<dc:creator><![CDATA[Douglas Busch]]></dc:creator>
		<pubDate>Mon, 16 Jun 2025 22:43:57 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.chartsmarter.com/?p=68376</guid>

					<description><![CDATA[Industrial Allure:  

The industrial space has been on a roll in 2025 as it is the best performing of the major 11 S&amp;P sectors YTD with a gain of more than 9%. It has been buoyed by defense, waste management, heavy construction, and of course defense. Let us dive into some influential players within. Top ten XLI holding ETN displayed some brute strength Monday getting the week off to a good start breaking above a bull flag. The WEEKLY chart is taking out a cup with handle and notice volume tailed off within the handle suggesting sellers were reluctant to part with their positions. Other top ten component GEV is consolidating a very powerful move here as it sets up its own bull flag and a move above the very round 500 number could see a break toward 700, and a breakout would negate a couple of doji candles from 6/3 and 6/13. DE which has been steadily outperforming peer CAT is eyeing a bull flag trigger of 526 which could see a measured move to 616. If the overall bull flag mention sounds redundant it is a good sign that stocks are digesting big moves and looking for another continuation move higher. For those looking for international exposure, remember that from the start of 2025, ERJ may be starting to get the upper hand on rival BA as it breaks above a ratio chart downtrend. This could see a possible move to 61 from Monday's bull flag breakout above the very round 50 number.]]></description>
		
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		<title>Consumer Sector Review: 6/16/25</title>
		<link>https://www.chartsmarter.com/2025/06/15/consumer-sector-review-6-16-25/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=consumer-sector-review-6-16-25</link>
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		<dc:creator><![CDATA[Douglas Busch]]></dc:creator>
		<pubDate>Sun, 15 Jun 2025 10:17:16 +0000</pubDate>
				<category><![CDATA[Free]]></category>
		<guid isPermaLink="false">https://www.chartsmarter.com/?p=68366</guid>

					<description><![CDATA[Conservative Stance?

There are a myriad of ways that investors determine if the market is in a risk on or off environment, and one of them is the ratio chart below comparing consumer discretionary to staples. The XLY is still in firm control as it bull flags but things can quickly change if the pattern breaks to the downside as we know from FALSE moves can often come fast one's in the opposite direction. I was surprised to see just how weak some of the staple names have been including former COVID favorite CLX which has fallen 23 of the last 29 weeks and even the bullish morning star completed the week ending 2/21 could not give the name a bounce (notice doji candle week ending 2/14 too). CPB is lower 8 of the last 9 months, since a bearish shooting star at the very round 50 number last September, and June so far is looking for its first CLOSE below its 200 MONTH SMA in at least a decade and is now trading below the COVID era depths. Sure one would expect these to lag after a vigorous 2-month rally but as the XLP trades just 4% off its most recent 52-week highs CLX and CPB are 28 and 38% off their most respective annual peaks, very poor relative strength. ]]></description>
		
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		<title>Healthcare Sector Review: 6/13/25</title>
		<link>https://www.chartsmarter.com/2025/06/12/healthcare-sector-review-6-13-25/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=healthcare-sector-review-6-13-25</link>
					<comments>https://www.chartsmarter.com/2025/06/12/healthcare-sector-review-6-13-25/#respond</comments>
		
		<dc:creator><![CDATA[Douglas Busch]]></dc:creator>
		<pubDate>Thu, 12 Jun 2025 20:18:26 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.chartsmarter.com/?p=68353</guid>

					<description><![CDATA[Pharma Rolling:  

Is the recent outperformance in the PPH over the XBI signifying "risk off" in the healthcare arena or is there room for both to behave well? I think the latter even though the daily chart below comparing the two shows pharma pulling away against biotech. My belief is that the XBI will grind higher into the very round par number into the latter part of the second half and I keep coming back to the MONTHLY chart here which shows the break ABOVE the bearish head and shoulders formation in December 2023 and we know from FALSE moves come fast ones in the opposite direction. It moved quickly to the very round par number which it could not jump above throughout most of 2024. Notice it backed off toward the 70 area with a huge bullish hammer candle in April, where it found a bounce four previous times in 2018, 2020, 2022, and 2023. The ratio chart does indicate it has done nothing against the more mature IBB for 3 years following the 2021 downtrend. One name in particular I am paying attention to is INCY as it gets comfortable above the 200-day SMA after not being deterred by the upside gap fill from the 3/14 session (and acting well POST breakout above bullish inverse head and shoulders breakout). Enter with a buy stop above a 71.07 cup with handle trigger. ]]></description>
		
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		<title>Energy Sector Review: 6/11/25</title>
		<link>https://www.chartsmarter.com/2025/06/10/energy-sector-review-6-11-25/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=energy-sector-review-6-11-25</link>
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		<dc:creator><![CDATA[Douglas Busch]]></dc:creator>
		<pubDate>Tue, 10 Jun 2025 21:04:17 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.chartsmarter.com/?p=68341</guid>

					<description><![CDATA["Refining" Success:

The refiners have been enjoying a nice run within the energy space. PRICE action is the best way to verify that and below is a prime example with the daily chart of MPC. The stock is now 11% off its most recent 52 week highs, but that is a bit misleading as it trades just off 8 month highs here. The last 3 1/2 weeks have digested a big move during a 6 week winning streak the weeks ending between 4/11-5/16, with the last 5 of those weeks CLOSING at or near the top of the WEEKLY range. Looking at the WEEKLY chart it is going for its fifth straight CLOSE above the 50 WEEK SMA and it is offering up an add-on above a double bottom trigger of 174.72 in the near term. It is always a good sign when peers are acting well, as you do not want to see a prospective long be the only name doing well and as one can see here VLO has carved out a double bottom with handle trigger of 135.67. If this can get above its 50 WEEK SMA it could be off to the races as it was pushed back there 5 times since the start of Q4 '24. ]]></description>
		
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