is #Ethereum $ETH.X a buy here?not for me.. pic.twitter.com/2DuZBsGyPR — Brian Shannon, CMT (@alphatrends) May 26, 2021 Today’s Chart of the Day was shared by Brian Shannon (@alphatrends). It’s a 2-hour candlestick chart of Ethereum ($ETHUSD). Brian reminds us that trying to catch a falling knife often ends in pain. Ethereum peaked around $4,330 on […]
Archives for May 2021
Daily Chart Report ? Tuesday, May 25th, 2021
Sponsored By: Today’s Summary Tuesday, May 25th, 2021 Indices: US Stocks closed slightly lower in today’s session with the Dow slipping 82 points or 0.24%. The S&P 500 fell 0.21%, while the Nasdaq was more or less flat (0.03%). The Russell 2000 underperformed, falling 0.97%. Sectors: 4 of the 11 sectors closed higher. Consumer Discretionary led, rising 0.32%. Energy lagged, dropping 2.03%. Commodities: Crude Oil futures were […]
Chart of the Day – Tuesday, May 25th, 2021
Where to next for crude oil? Back to $60 or a run to the mid $70's?#oil #OOTT pic.twitter.com/uhWPPHj3yj — Greg Rieben (@gregrieben) May 25, 2021 Today’s Chart of the Day was shared by Greg Rieben (@gregrieben). It’s a weekly candlestick chart of WTI Crude Oil futures over the past three years. Greg points out that Crude […]
Daily Chart Report ? Monday, May 24th, 2021
Sponsored By: Today’s Summary Monday, May 24th, 2021 Indices: US Stocks kicked off the week on a positive note with the Dow Jones Industrial Average advancing 186 points or 0.54%. The S&P 500 and Nasdaq rose 0.99% and 1.41%, respectively. The Russell 2000 closed higher by 0.54%. Sectors: 10 of the 11 sectors closed higher. Communications led, rising 1.80%. Utilities was the only sector to close […]
Chart of the Day – Monday, May 24th, 2021
Today’s Chart of the Day was shared by Steve Strazza (@sstrazza). The chart shows the US Dollar/Chilean Peso currency pair over the past 12-years (USD/CLP), along with an inverted chart of Copper futures. Chile is the largest Copper producer out there. As a result, the Chilean Peso is a good indicator for Copper prices. When […]
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