June ETF Highlights

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I went through all twenty of the charts in my ETF watch list, and I’d like to share the most interesting ones below. In the caption area are my own brief remarks about them.

Lifetime highs on the Dow Industrials which is bullishly configured until and unless it slips under the horizontal
Equities outside of North America have failed to exceed prior highs multiple times
Gold has been weak for many months, and the next important test will be if the lower support line holds during the next round of selling
Bitcoin’s highest-volume ETF has broken down over the past couple of weeks and looks ready to accelerate the selling.
The small caps have spent the past three days lingering at lifetime highs
The fakeout from March 31st is one of the most stunning reversals ever witnessed, and the ascent through the entirety of April and May has been devastating to the bears.
This same mega-rally for semiconductors has persisted for months, with its most recent ascent being the most aggressive yet. It has exceeded even the upper trendline of its price channel.
There is also a price channel which has hemmed in the price of the SPY for decades, and present price levels are somewhat above the midline (and at record highs, naturally)
Bonds have rallied strongly over the past couple of weeks but have pushed up to a price gap as well as a dense concentration of overhead supply
Materials are also just below the price gap.
Financial stocks have broken their ascending trendline
Tech stocks are at lifetime highs, and strong earnings reports have caused the rally to be nearly vertical.
Retail has been range-bound for many months.