$IWM running into a confluence of resistance from the 200-day moving average and the AVWAP from the All-time high. Logical place for a pause? pic.twitter.com/3MKv3aGn0i — Alfonso Depablos (@AlfCharts) August 11, 2022 Today’s Chart of the Day was shared by Alfonso Depablos (@AlfCharts). The Russell 2000 has bounced nearly 20% off its June lows, but Alfonso points […]
Chart of the Day – Tuesday, June 28th, 2022
Equities for rising rates were not able to hold above former highs and are now stuck below overhead supply. Do they want to tell us something? pic.twitter.com/mYHzcGVzgu — Alfonso Depablos (@AlfCharts) June 28, 2022 Today’s Chart of the Day was shared by Alfonso Depablos (@AlfCharts). It’s a daily candlestick chart of the US 10-year Treasury […]
Chart of the Day – Wednesday, May 18th, 2022
Transports are taking out a key support level as they are resolving lower from a 12-month distribution pattern. pic.twitter.com/Ha5kTZJVHm — Alfonso Depablos (@AlfCharts) May 18, 2022 Today’s Chart of the Day was shared by Alfonso Depablos (@AlfCharts). It’s a weekly candlestick chart of the Dow Jones Transportation Average over the past five years. Transports suffered their […]
Chart of the Day – Monday, April 4th, 2022
I like the breakout in Rare Earth/Strategic Metals ETF $REMX pic.twitter.com/9e4rV4Xj8o — Alfonso Depablos (@AlfCharts) April 4, 2022 Today’s Chart of the Day was shared by Alfonso Depablos (@AlfCharts). It’s a chart of the Rare Earth Metals ETF, $REMX, over the past decade. Metal-related ETFs have been breaking out left and right in 2022, and this […]
Chart of the Day – Tuesday, March 15th, 2022
If there is a place for energy to take a breather, what better place than this? pic.twitter.com/NDIXMbEIFW — Alfonso Depablos (@AlfCharts) March 15, 2022 Today’s Chart of the Day was shared by Alfonso Depablos (@AlfCharts). The chart shows Crude Oil futures (black) and the Energy Sector (blue) over the past 13 years. Crude Oil is back […]