Mike Paulenoff expects continued strength in the Healthcare ETF (XLV) that next confronts a key 8-week resistance line.

The major equity market ETFs in general, and the QQQQ in particular, all have exhibited some impressive resiliency.

Mike Paulenoff writes that the US Natural Gas Fund ETF (UNG) has created a potential double bottom formation.

Mike Paulenoff's pattern and momentum work in the QQQQ argue that the downleg from the June 2008 recovery rally peak at 50.61 is at or is very near completion.

The overall pattern in the ProShares Ultralong Dow 30 ETF (DDM) carved out off of last Thursday's low at 27.34 indicates that the initial upleg of a powerful recovery rally phase started at 27.34 and ended Friday at 34.23.

Does this mean that the Chinese economy is about to boom again at double-digit growth?

Mike Paulenoff's pattern analysis suggests strongly that the EEM has entered the very early stages of a new upleg.

Yesterday's break in crude oil and downside follow-through from the 7-year trendline at $61.60 to new bear-market lows at $56.35 has accelerated into a new downleg.

Mike Paulenoff thinks the SDS is heading higher.

The streetTRACKS Gold ETF (GLD) is showing a bearish coil pattern.